Browsing all posts in August, 2009.
Radio Advertising
Radio advertising revenues are decreasing at rapid rates. All of these stats compare the 2nd quarter of this year with the second quarter of 2008 and the data comes from the Radio Advertising Bureau (RAB) Local & national terrestrial advertising accounts down 25% over last year 2Q to $3.4 billion. Overall radio advertising revenues down [...]
Warner Music Publishing Revenues
We can obtain a pretty good glimpse into the music industry by looking at Warner Bros latest Publishing numbers. Here are some highlights: mechanical royalties dropped 20.4% (recordings played of the song) overall publishing revenues dropped 12.5% percent to $147 million performance royalties dropped 4.5% synchronization royalties up 20.8% (music synchronized to film, tv, etc.) [...]
Pearl Jam Bundle
Pearl Jam has found a creative way to sell their new album by bundling it together with a ticket sale at the point of purchase. Pearl Jam will roll this out for their upcoming Australian tour. They will offer the following two option in addition to the price of the ticket: $15 Australian ($12.36) – [...]
Digital vs Physical Album Sales
This stat continues to baffle me – 65% of music sales are still a physical cd format! At least according to the sales numbers for the first half of 2009. Digital download sales account for the other 35%. The prediction is that digital sales will overtake physical sales by 2010 as cd sales fall 15-20% [...]
No More Auto-Play
MySpace is known for its clutter. I think that is one reason many people moved to the ‘cleaner’ Facebook network. In addition to the advertising, the user is always bombarded with music the moment a page is entered into on MySpace. Well, not anymore. You see, every time one of those songs starts to auto-play, [...]
Old People Taking over Facebook
When you are a teenager, what is the one surefire way to kill a party? Invite adults. For the first time ever, the number of 15-24 year olds establishing a new profile on Facebook has dropped. It’s just not as cool when your parent or your parents friends can look in on what you are [...]
iLike the iPhone
iLike, the “leading social music discovery service, has just announced an upgrade to their iPhone application. You will now receive updates on when your favorite artists are touring in your city. Not only that, the app will use the GPS ability of the iPhone to give you directions to the venue. You can then share [...]
Radio Performance Royalties
The Senate Judiciary Committee meets today to discuss the future of Performance Royalties for radio play. Right now, the artists who perform a song that is played on the radio do not get paid. Only the composers/writers of the song get paid. Radio’s response is that they are providing free airplay for the artists and [...]
Rethinking the Album
Is the album dead? Yes. The sale of a physical cd/album will never again reach the peak of 1999. Yet that is not stopping Mariah Carey from experimenting with a fresh concept for her upcoming album. Mariah will be working in conjunction with Elle magazine to create a 34 page magazine-style album insert. This insert [...]
