Kill The Record Industry
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Kill The Record Industry
Kill The Record Industry / Save The Music
Curated by Pierre Priot
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Infographic: Music Streaming Revenues Surpass Physical Format Sales

Infographic: Music Streaming Revenues Surpass Physical Format Sales | Kill The Record Industry | Scoop.it
This chart breaks down U.S. music industry revenues by type of distribution.
Pierre Priot's insight:

Yet another revenue breakdown chart.

And again, this infographic fails to provide clear data. What's revenue? What's physical sales revenue? Are records stores sales included?

What's streaming revenue? Is that spotify/apple/pandora revenue? Or is that the cut they leave to labels & artists?

Again, this bring more questions than intelligence.

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Lyndie Wenzloff's curator insight, December 2, 2015 1:35 PM

This chart displays the statistics of revenue that came from the different types of distribution ways in the first half of 2014 and 2015. Note that physical album sales have dropped by $150 million, downloads have dropped by $100,000, while streaming has increased by $200 million. The source seems to be credible because the website only posts charts from studies and reports.

Brandon Weaver's curator insight, December 2, 2015 4:59 PM

Streaming services are the new "it" thing for music. It was inevitable that streaming would surpass physical sales when people don't make physical copies as much as they used to. 

Ramone Erving's curator insight, January 13, 12:02 PM

Summary: Digital downloads and streaming is making more money than physical copies, and the physical copy sales are continuously decreasing. 

Pros: Giving streaming companies the ability to grow and expand

Cons: The physical copies of music will soon be minuet 

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RIAA - RIAA 2015 Mid-Year Music Sales and Revenue Numbers Released - September 22, 2015

RIAA - RIAA 2015 Mid-Year Music Sales and Revenue Numbers Released - September 22, 2015 | Kill The Record Industry | Scoop.it

"The data continues to reflect the story of a business undergoing an enormous transition. There are many positive signs: continuing the trend from 2014, wholesale revenues for the first half of 2015 increased. And revenues from streaming music services continue to grow at a healthy double digit rate. The product of music and the extraordinary roster of artists represented by today’s music labels remains in high demand. That is the bedrock of a successful future.

At the same time, intense demand and billions of streams does not always equal fair market rates or a fair playing field. Addressing that is an essential element of fulfilling the enormous promise of today’s digital marketplace.”

 

- RIAA Chairman and CEO Cary Sherman

Pierre Priot's insight:

US digital music revenue is growing, RIAA claims, despite its shift from download sales to streaming.

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The one bright spot for the music labels: Digital

The one bright spot for the music labels: Digital | Kill The Record Industry | Scoop.it
The financial picture of the music industry is still bleak, but YouTube, Spotify, and other services are helping. Read this article by Paul Sloan on CNET News.
Pierre Priot's insight:

mark this date: for the first time ever the RIAA isn't whining about the internet killing the industry.

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Anonymous downs government, music industry sites in largest attack ever — RT

Anonymous downs government, music industry sites in largest attack ever — RT | Kill The Record Industry | Scoop.it
Hacktivists with the collective Anonymous are waging an attack on the website for the White House after successfully breaking the sites for the FBI, Department of Justice, Universal Music Group, RIAA and Motion Picture Association of America.
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Vinyl Generates More Revenue Than YouTube Music, VEVO, SoundCloud, and Free Spotify COMBINED - Digital Music News

Vinyl Generates More Revenue Than YouTube Music, VEVO, SoundCloud, and Free Spotify COMBINED - Digital Music News | Kill The Record Industry | Scoop.it
  Vinyl sales have been surging for years.  But now, the oldest format on the market is generating more revenues than all ad-supported on-demand streaming music services,...
Pierre Priot's insight:

Yet another perfect demonstration of real numbers telling a fake story.

$221M is the total amount of US vinyl ; only a small piece of that pie will bring revenue to copyright holders when stores, distributors, labels... have taken their share.

The other figure is free streaming royalties revenue, which is ridiculously low compared to the actual ad revenues driven to digital services (hint: billions).

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Cy Queen's curator insight, September 26, 2015 2:41 PM

Are you making sure to ad Vinyl to your marketing efforts?
Looks like you REALLY should!

John Joseph's curator insight, October 7, 2015 2:36 AM

Vinyl is beating all these services on the market and that is amazing considering how much all these services like YouTube and Spotify make annually.

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RIAA Wants Infamous File-Sharer to Campaign Against Piracy | Threat Level | Wired.com

RIAA Wants Infamous File-Sharer to Campaign Against Piracy | Threat Level | Wired.com | Kill The Record Industry | Scoop.it
Did you hear the one about the world's most infamous music file-sharer being asked to publicly extol the virtues of the Recording Industry Association of America's anti-piracy platform? The RIAA is suggesting that Jammie Thomas-Rasset do just that.
Pierre Priot's insight:

What would you rather do? pay $222,000 or ramble about RIAA virtues?

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Record Label Goes Berserk, Targets 7,000 Fans In Mammoth Lawsuits

Record Label Goes Berserk, Targets 7,000 Fans In Mammoth Lawsuits | Kill The Record Industry | Scoop.it

Antiquiet reports that American metal label Century Media have filed a lawsuit in a New Jersey court implicating 7,000 individuals who illegally shared albums by heavy rock acts Lacuna Coil and Iced Earth online via download client BitTorrent.

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