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Kill The Record Industry
Kill The Record Industry / Save The Music
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Latest ARIA Figures Reveal Streaming And Subscription Services Revenue Doubled In 2014 | Brag Magazine

Latest ARIA Figures Reveal Streaming And Subscription Services Revenue Doubled In 2014 | Brag Magazine | Kill The Record Industry | Scoop.it

Subscription service income jumped twofold to $23 million. Revenue from streaming services was up 111% from 2013. Digital subscription and free ad-supported models now make up 10% of the total market. The message from music fans continues to be clear: give us an inexpensive alternative, and we won’t download illegally.

Pierre Priot's insight:

Streaming doubles revenue in Oz but fails to save the overall industry balance

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Mixmag | UK VINYL SALES AT HIGHEST SINCE 1996

Mixmag | UK VINYL SALES AT HIGHEST SINCE 1996 | Kill The Record Industry | Scoop.it
UK music shops have shifted one million records this year and the amount of wax units sold is expected to rise even further over Christmas.

It's the first time this amount of sales has been achieved in a year since 1996 and follows last month's estimation that the figure would be reached.

As a result of the wax resurgence, the Official Chart Company (OCC) is set to launch a weekly vinyl chart, revealing that the vinyl industry is now worth around £20 million, and sales are estimated to hit 1.2 million after the festive period.
Pierre Priot's insight:

Party like it's 1996

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Album Sales Hit A New Low

Album Sales Hit A New Low | Kill The Record Industry | Scoop.it

This year, label executives finally conceded something there were reluctant to acknowledge last year: Streaming is cannibalizing digital sales.

Pierre Priot's insight:

It's either physical or digital, baby. 

Streaming or download.

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Sean Riggins's curator insight, September 13, 2014 11:43 AM

 This article comes from billboard.com, a company that tracks album sales. The article talks about the major decline in album sales and suggests that it is due to the growth of streaming services. The author states that "Streaming is cannibalizing digital sales" that not everyone agrees that streaming offsets the decline in digital sales. I included this article because it asks whether or not there will be enough revenue for artist as streaming services continue to grow.

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La venta de música en España crece un 6,2% en la primera mitad de 2014 | Industria Musical

La venta de música en España crece un 6,2% en la primera mitad de 2014 | Industria Musical | Kill The Record Industry | Scoop.it

La industria musical española alcanza el ecuador del año con cifras alentadoras, según los datos de ventas correspondientes al primer semestre que hoy presenta Promusicae. Después de años de bajadas acumuladas en el volumen anual de ventas, los aficionados a la música en España han conseguido revertir esta tendencia durante la primera mitad de 2014. La inversión en música grabada, ya sea en soporte físico o digital, ascendió entre el 1 de enero y el 30 de junio a un total de 58,08 millones de euros, una cifra que mejora en un 6,2% la registrada en idéntico periodo de 2013 (54,68 millones). La consolidación del streaming y la aparición de nuevos discos de artistas tradicionalmente vendedores están detrás de este primer dato positivo desde 2001.

Pierre Priot's insight:

Music sales are going up 6.2% in Spain this semester. First sales raise since 2001. From our own experience, the Spanish audience is highly supported and has totally embraced the digital revolution.

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Is 2014 the year the album business fell apart?

Is 2014 the year the album business fell apart? | Kill The Record Industry | Scoop.it

In recent years, albums from the likes of Adele and Emeli Sandé have hit 1m sales in the UK. But with even the biggest acts failing to match them this year, the blockbuster album looks increasingly like a relic of the past

Pierre Priot's insight:

Or maybe big acts fail to make big album sales because they fail to put out decent albums. Right now with per song purchase, a smash hit remains a one song success. People are now longer buying albums so they'll get that one song they like. 

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Record Store Day 2014: The spin is still in

Record Store Day 2014: The spin is still in | Kill The Record Industry | Scoop.it

Around the corner in Reckless Records, 22-year-old Joe is thumbing through records - some which have price tags of up to £50 - by Pixies and Sonic Youth. "These bands are still relevant now," he says. "They have a great sound. I prefer to buy on vinyl because it's much cooler."

Pierre Priot's insight:

Don't call it a comeback, Vinyl's been here for years!

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U.S. Music Numbers: Streaming Up, Sales Down… Vinyl Up 33 Percent | Evolver.fm

U.S. Music Numbers: Streaming Up, Sales Down… Vinyl Up 33 Percent | Evolver.fm | Kill The Record Industry | Scoop.it
Pierre Priot's insight:

More 2013 figures.
US: Streaming up 32%,  Vinyl up 33%, Digital sales down 6%

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Meghan Ranken's curator insight, November 5, 2014 9:55 AM

A reliable source that provides numbers and percentages for streaming and Sales in the music industry.It also provides other sources. Streaming is up and thats good for New Artists. Record sales are now down.

Manner Torris's curator insight, November 6, 2014 1:50 PM

This articles explain the hurt on music sales on online stores like iTunes, Amazon, and others. Streaming music is ultimately hurting the general sales of any record labels or music distribution formats.

Alex Capps's curator insight, November 9, 2014 3:41 PM

In this article it is stated that the sales of online downloads dropped 6.5%  between 2012 and 2013 while online streaming sales climbed 32%. It is believed that streaming will become the most sufficient way for music collecting. The article also shows a breakdown of overall music sales.  

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Indies capture best albums share this century

Indies capture best albums share this century | Kill The Record Industry | Scoop.it
Independents have increased their share of UK album sales to a 21st Century high of 26.4% this year, according to a Music Week presentation at AIM's Indie-Con event.
Pierre Priot's insight:

UK Indie labels are scoring big sales ; and big players like Beggars or Domino are now established as indie heavyweight

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Warner Music Quarterly Loss Widens, Revenue Rises

Warner Music Quarterly Loss Widens, Revenue Rises | Kill The Record Industry | Scoop.it
UPDATED: The music major also reports an improved fiscal third-quarter operating profit as releases from Michael Buble, Bruno Mars and Paramore contributed to its results.
Pierre Priot's insight:

Warner digital sales going up, stop feeling sorry for the majors!

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Vinyl helps boost independent record shop sales - Telegraph

Vinyl helps boost independent record shop sales - Telegraph | Kill The Record Industry | Scoop.it
For the first time in 10 years, independent record shops are showing signs of recovery.
Pierre Priot's insight:

Which dinosaur is supporting the other? Vinyl or Bowie?

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Now That’s What I Call Saving The Music Industry: Surprise as digital sales of compilation albums grow

Now That’s What I Call Saving The Music Industry: Surprise as digital sales of compilation albums grow | Kill The Record Industry | Scoop.it
Downloading was supposed to mean the death of the compilation album. Because why would you want to buy the complete selection when you could cherry pick your favourite tracks?
Pierre Priot's insight:

Now, that's what I call a cheap business.

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Good News For Hipsters

Good News For Hipsters | Kill The Record Industry | Scoop.it
Here's some good news for the music industry: Last year's vinyl-record sales were the highest they've been in 15 years.
Pierre Priot's insight:

After saving the blues, Jack White saves the vinyl. What's next?

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Spotify pays out more than $500m in royalties since its 2008 launch

Spotify pays out more than $500m in royalties since its 2008 launch | Kill The Record Industry | Scoop.it
Sean Parker and Lars Ulrich settle differences, with Metallica agreeing to put their whole back catalogue on streaming service.
Pierre Priot's insight:

how much did you get off those $500m?

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Luis Gomez's curator insight, December 6, 2014 11:24 PM

This article expresses how artists  were indeed paid with the profit retrieved from the work put in Spotify's library, even though artists complained about not being well-rewarded.

This article supports my topic by showing that even though the company expresses that they did paid the artist the correct amount for their work,this artists are still unsatisfied because they do not consider that it was fair enough. 

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With Downloads In Decline, Can iTunes Adapt?

With Downloads In Decline, Can iTunes Adapt? | Kill The Record Industry | Scoop.it
Apple's innovative iTunes music service is still the market leader in music downloads, but after more than a decade of growth, sales of music tracks on iTunes have been declining. Last year saw the largest drop in sales — 14 percent. The drop is attributed to the increasing popularity of streaming music services such as Spotify, Pandora and YouTube. These services give fans access to millions of tracks from any Internet-connected device for a monthly fee or in return for listening to commercials.
Pierre Priot's insight:

If the Internet eventually kills iTunes, I won't feel sorry for Apple!

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Music Production Evolution: The Rise Of Digital vs. The Vinyl Revival — MusicTank

Music Production Evolution: The Rise Of Digital vs. The Vinyl Revival — MusicTank | Kill The Record Industry | Scoop.it

The unexpected sales success of music formatting last year has been labelled ‘The Vinyl Revival’.

Laura Creed, Superfi has delved into how and why the cult following for vinyl has resurfaced in this booming digital age.  Alongside this, she questions the popularity of digital and what this could mean for the music industry.

Below is an explanatory info graphic into the research findings.  Following the info graphic is further commentary to compliment the graphical representations of the study.

Pierre Priot's insight:

Don't call it a comeback. Vinyl's been here for years.

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Trevor Parks's curator insight, November 6, 2014 12:21 PM

Music Tank in my opinion is a very reliable source, considering the fact that it is a sector based network for the University of Westminster in England. As for the article itself, it contains many charts, graphs, and infographics that relate to the recent popularity and rise in sales of vinyl LPs. 

Clae Wilson's curator insight, November 9, 2014 5:40 PM

The infographic in this article is really cool, as it gives a lot of great visual representations of how music sales have been shifting in past years. It shows that, while vinyl is still only a small sliver of total units sold, it's growing by leaps and bounds and has a very promising future.

Ryan Kowalkowski's curator insight, November 11, 2014 10:42 AM

There is a desire for music fans to own copies of their albums, but the debate over physical copies vs digital downloads if a finer line.

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Articles: Wax and Wane: The Tough Realities Behind Vinyl's Comeback

Articles: Wax and Wane: The Tough Realities Behind Vinyl's Comeback | Kill The Record Industry | Scoop.it

Vinyl’s sharp rise began in 2008, when sales nearly doubled from the previous year’s 1 million to 1.9 million. The tallies have gone up each year since, and 2013’s 6.1 million is a 33 percent increase over 2012’s 4.6 million. (Those numbers are even larger when you account for releases that fall outside SoundScan’s reach.) The resurgent format’s market share is still far smaller than CDs, digital, and streaming—vinyl accounted for only 2 percent of all album sales last year, compared to 41 percent for digital and 57 percent for CDs—and no one expects it to regain dominance. But it’s more than a trend, and it’s not going away anytime soon. “Four years ago, maybe half our releases would get an LP option,” says James Cartwright, production manager at Merge Records. “Now every release we do has a vinyl format.”

 

 

Pierre Priot's insight:

In-depth pitchfork story on vinyl and the industry embracing its comeback

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Streaming Won't Save the Music Industry Until 2019, Study Finds... - Digital Music News

Streaming Won't Save the Music Industry Until 2019, Study Finds... - Digital Music News | Kill The Record Industry | Scoop.it

Yes, streaming is reversed avalanching sales stories in countries like Sweden and Norway.  But its effect on the global market now appears limited, at best.

Pierre Priot's insight:

Like it or not: the industry will keep losing money as long as it will try to maintain both physical and digital markets.

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The Great Music Industry Power Shift

The Great Music Industry Power Shift | Kill The Record Industry | Scoop.it

The long drawn out demise of recorded music revenue is well documented, as is the story of artists, labels and managers all trying to make sense of a world in which music sales can no longer be counted upon.  But the contraction of recorded revenue has occurred at the exact same time that the live music sector has undergone a renaissance.  The net effect, when coupled with publishing revenue holding its own and  the growth of albeit modest, merchandise revenue, is that the global music industry has largely held its own, contracting by just 3% between 2000 and 2013 (see figure).  Compare and contrast with the 41% decline in (retail) recorded music revenue over the same period.  Indeed it is the 60% growth in live revenue that has done most to offset the impact of declining music sales.

Pierre Priot's insight:

The music industry went through two revolutions over the past 14 years: downloading, then streaming. And yet, its global revenue has been stable. This is a not revenue crisis, its a metamorphosis. 

 

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Everything You Need to Know About 2013 Music Sales in One Infographic

Everything You Need to Know About 2013 Music Sales in One Infographic | Kill The Record Industry | Scoop.it
Streams climbed, CDs declined and Justin Timberlake wound up on top
Pierre Priot's insight:

Let's wrap 2013 with that infographic

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Tanner Samp's curator insight, January 19, 2014 7:15 PM

This article was a very informative and well put together sheet of various stats regarding music sales in 2013. I was surprised not that music streams were on the rise and sales continually dropping, but that while digital sales were down, the vinyl sales are climbing; we have finally come full circle last year with format sales.

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UK music retailers blame weak release schedule for 2013 sales decline

UK music retailers blame weak release schedule for 2013 sales decline | Kill The Record Industry | Scoop.it

UK retailers have blamed a decline in both albums and singles sales in 2013 on a “weak” music release schedule.

As reported yesterday, across physical and digital, UK album unit sales declined 6.4% to 94 million last year, while single sales dropped for the first time in recent history by 3.4% to 182.2m.

Annual revenue generated by singles sales was down 1.6% to £167.8m, while the albums market dropped 3.6% to £772.1m.

Pierre Priot's insight:

Physical sales are going down and yet retailers don't blame piracy? That's something new.

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BBC - Newsbeat - Vinyl sales at highest level for more than a decade

BBC - Newsbeat - Vinyl sales at highest level for more than a decade | Kill The Record Industry | Scoop.it

Daft Punk, Arctic Monkeys and Vampire Weekend have helped vinyl records achieve their highest sales figures for more than a decade.

Pierre Priot's insight:

Big acts are definitely making the vinyl strong vitality, and furthermore bring younger listeners to the joy of music on wax

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Album Sales Hit Record Low | Music News | Rolling Stone

Album Sales Hit Record Low | Music News | Rolling Stone | Kill The Record Industry | Scoop.it
Industry experts and artists point finger at streaming as SoundScan sets historic low
Pierre Priot's insight:

For once, nobody blames it on piracy.

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Zach Evans's curator insight, August 13, 2013 11:42 AM

This looks at how album sales have changed throughout the years and speaking on how new technology has made it necessary for times to change. Speaks about the bad and good on the situation. 

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Nielsen SoundScan Mid-Year Report: Digital Album and Single Sales Slow

Digital tracks sales are on the decline and the trend is accelerating.
Pierre Priot's insight:

Sales going down; blame it on streaming?

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Record Store Day Sales Reach New High | Music News | Rolling Stone

Record Store Day Sales Reach New High | Music News | Rolling Stone | Kill The Record Industry | Scoop.it
Vinyl sales jump 36 percent over last year
Pierre Priot's insight:

every day should be record store day

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U.K. Digital Downloads to Pass CD Sales in 2013

U.K. Digital Downloads to Pass CD Sales in 2013 | Kill The Record Industry | Scoop.it
A gloomy report shows the continuing decline of the U.K. music industry as CD sales fell by a fifth last year.
Pierre Priot's insight:

face it, it's happening, CD's dying.

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Phil Book's comment, October 11, 2014 5:44 PM
The switch to digital could definitely be a good thing considering it will drop production costs of CD's. I personally like to have the CD but ever since I started using Spotify I haven't wanted to buy a CD. Even though I use it I think it's programs like Spotify that are causing the real problems.
Frank Ruiz's curator insight, December 4, 2014 7:00 PM

Throughout the years we have slowly been seeing a decline in cd sales as digital downloads begin to take over in the music industry. Digital downloading is increasing mainly due to the fact of the convenience and ease that it has not only this but consumers don't need to worry about albums selling out before they can get a chance to listen to them.