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Showing posts with label online music sales data. Show all posts
Showing posts with label online music sales data. Show all posts

March 31, 2011

Online Music Buying Infographic

According to the latest Nielsen research, only 2.1 percent of the albums released in 2009 sold even 5,000 copies — that’s just 2,050 records out of nearly 100,000, and to fewer people than go to a small liberal arts college. As if that weren’t bad enough, even the bands who do move units end up paying through the nose, mouth, eyes and ears for management, legal fees, producers and other expenses, leaving most of them scrounging to pay for record advances and, if they can afford it, health care.
From the outside, it often sounds fun to be in a band. But before picking up that guitar or microphone, take a look at where the money from a record goes.

source : online mixing

Jennifer Lopez Facebook Fans To Promote Her New Song


Jennifer Lopez is making fans work for her next single. To snag the song “I’m Into You” from iTunes before the official release date, enough fans have to “Like” the tune on her Facebook Page.

Lopez and her label, Island Def Jam, announced the campaign Wednesday with a custom tab on the artist’s Facebook Page titled “Like for Love?” The page includes a 30-second clip of the song, featuring Lil Wayne, and a call to show J-Lo love by clicking “Like.” So far, the song has received around 2,000 Likes (2% on J-Lo’s “Love Meter”) — but fans have until the official release date, April 5, to “Like” the jam.
Fans can also share a link to the page in order to win an autographed copy of Lopez’s new album, Love — those who get the most clicks on their links will score the goods, and those who share the link and “Like” the song could win a trip to see the American Idol finale in Los Angeles (Lopez appears as a judge on the show).
This is hardly the first time an artist has leveraged the Facebook Like to offer a song. In fact, Lil Wayne premiered the first single off of his new album exclusively on Facebook (with a call to “Like” to unlock), and Jay-Z and Kanye West launched a dedicated Page on the site so that fans could get a first listen of “H.A.M,” off of Watch the Throne.

February 15, 2011

The Economics of Retail Music : Digital Vs Physicall


Through iTunes, Apple has the credit card details of 160 million people. You might want to take a second to think about the enormity of that statement.

The digital music revolution has seen a monumental shift from physical sales to digital downloads, with Apple taking a huge slice of the market.

according to digitalmusicnews.com (September 2010), nearly 12 billion songs have now been downloaded from iTunes. If we assume the average MP3 file size is 6mb, this amounts to a colossal 72, 000, 000, 000Mb of data.

According to the British Phonographic Industry, as cited by Mediatel in August 2010, 98 per cent of singles sold are now bought digitally, with physical sales accounting for just 2 per cent.
Data from Ipsos Media CT, as cited by Mediatel in the same month showed that in the last 12 months, a third of UK adults aged between 15 and 50-years-old had paid to download music from an official site.

Other stats show that 36 per cent of UK YouTube users have bought a CD after watching a video on the site, 64 per cent of US iPhone users have downloaded music from their handset and that in the UK, and digital music sales grew by 32 per cent from 2008-09.
( source : Inspiredm.com)