{"id":3277,"date":"2013-06-21T08:50:18","date_gmt":"2013-06-21T08:50:18","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2013\/06\/21\/china-has-14-billion-people-and-less-than-100-million-in-annual-music-revenues\/"},"modified":"2013-06-21T08:50:18","modified_gmt":"2013-06-21T08:50:18","slug":"china-has-14-billion-people-and-less-than-100-million-in-annual-music-revenues","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2013\/06\/21\/china-has-14-billion-people-and-less-than-100-million-in-annual-music-revenues\/","title":{"rendered":"China Has 1.4 Billion People. And Less Than $100 Million In Annual Music Revenues&#8230;"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/f\/fa\/Flag_of_the_People%27s_Republic_of_China.svg\/800px-Flag_of_the_People%27s_Republic_of_China.svg.png\" border=\"0\" width=\"157\" height=\"104\" \/><br \/>Let this be a stunning statistical warning for all ye who dare enter the Chinese music market.\u00a0 Because even if you manage to crack into China politically, you&#8217;ll have an incredibly difficult time selling stuff once you&#8217;re in. Here&#8217;s a topline look at just how few Chinese people are actually buying music.\u00a0 In fact, the per-capita spend on music is a paltry 10 cents, according to a breakdown by global industry group IFPI.\u00a0 Compare that to per-capita spends of $14.30 in the US, and $34.70 in Japan (which could soon be the largest music market in the world).   <!--more-->  <br \/><img decoding=\"async\" src=\"http:\/\/www.digitalmusicnews.com\/research\/chinasnapshot1.jpg\" border=\"0\" \/><\/p>\n<p>\u00a0<\/p>\n<p>Welcome to the land of near-zero intellectual property protection.\u00a0 While IP at least remains a testy battleground in the US, most stuff is cracked, cloned, or otherwise compromised in China.\u00a0 Indeed, it&#8217;s surprising that 10 cents of anything music-related is being sold.<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.digitalmusicnews.com\/research\/chinasnapshot2.jpg\" border=\"0\" \/><\/p>\n<p>So, stay away, stay very far away? \u00a0Perhaps: regardless of the vast theoretical potential here, China is showing scant signs of improvement. \u00a0Unlike Japan, physical accounts for less than 20 percent of total music sales, also according to the IFPI. \u00a0And more lucrative digital assets like downloads and ringtones are quickly receding.<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.digitalmusicnews.com\/research\/chinasnapshot3.jpg\" border=\"0\" \/><\/p>\n<p>It&#8217;s an ad-supported, maybe subscription-oriented future, if there&#8217;s a future at all for this market.<\/p>\n<p>Source: Digital Music News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let this be a stunning statistical warning for all ye who dare enter the Chinese&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-3277","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/3277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=3277"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/3277\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=3277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=3277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=3277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}