Skylight Webzine
Global Recorded Music Market Down 7.2% PDF Print E-mail
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Monday, 03 May 2010 09:25

Trade revenues for global recorded music market totaled $17.03 billion in 2009 according to the IFPI - a year-on-year decline of 7.2%.

The trade group's annual "Recording Industry in Numbers" shows that physical sales were down 12.7% on a global basis to $11.93 billion, but this was a smaller decline than the 15% slump in physical sales for 2008.

Almost 80% of the global fall was the result of market decline in the two largest music markets - the U.S. and Japan. Music sales in Japan were down 10.8% in 2009 to $4.05 billion, and the U.S. was down 10.7% to $4.63 billion.

Sales of recorded music were up in 13 markets, though. And six markets experienced what the IFPI calls the 'Holy Grail' - growth in digital sales that was strong enough to offset the physical decline. The six countries are: U.K., India, South Korea, Thailand, Mexico and Australia.

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Why Artists Should "Do a 180" on "360 Deals" PDF Print E-mail
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Wednesday, 21 April 2010 19:33


by Bob Donnelly, Esq.
Lommen Abdo Cole King & Stageberg

A new type of record label contract has come to be known as a "360 deal" (as in "360 degrees in a circle") since it seeks to make the label a participant in revenue streams from every quarter of an artist’s career. In his popular music industry blog, Bob Lefsetz wants to know why artists would consider such a contract. With typical humor, he writes: If you’re contemplating a major label deal and your success is not based on terrestrial radio play, and you don’t make pop music, YOU’RE A FUCKING IDIOT!… But where were the attorneys?

Last Updated on Wednesday, 21 April 2010 19:41
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Sorry, There's No Silver Bullet Business Model For The Music Industry PDF Print E-mail
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Saturday, 20 March 2010 17:59

Forrester analyst Mark Mulligan believes that the problem for the recording industry is one of demographics. Mulligan uses the fact that the billionth application purchaser on iTunes, 13 year-old Connor Mulcahey, was much younger than the 10 billionth iTunes music purchaser, 71 year-old Louie Sulcer, to highlight the issue:

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Nomy: The Record Label's Worst Nightmare PDF Print E-mail
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Saturday, 20 March 2010 18:12

Website: http://www.nomy.nu
Music: http://www.nomy.nu/Nomy - World in fire.mp3
Nomy is the name of the Swedish artist who has singlehandedly taken his music from a little bedroom in Jφnkφping to the world stage via the Internet. His hit song “Cocaine” spread like wildfire and today is downloaded and streamed in Scandinavia, Europe and large parts of USA and Canada.

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VC Watch: The Hottest Music-Based Startups PDF Print E-mail
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Saturday, 20 March 2010 17:54

With so much music being created and licensed, there is a growing need for companies that add organization and context to it all. Because of this, service-based companies, not streaming or download music services, have emerged as the hottest music startups. (Companies that own or license content are involved deals with more value, but service companies have landed a greater number of deals.)

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