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Rescooped by Marcus A Mitchell from MUSIC:ENTER
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NARM's Donio: 20 Years Of Music Retail Upheaval & Next Shift From Sales To Streaming [VIDEO] - hypebot

NARM's Donio: 20 Years Of Music Retail Upheaval & Next Shift From Sales To Streaming [VIDEO] - hypebot | Music digital sales | Scoop.it

(UPDATED) Jim Donio, President of NARM, joins Ian Rogers for a new episode of This Week In Music to talk about how music retail has changed over the past 20 years. Since 1958, The National Association of Recording Merchandisers has...


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VEVO CEO Says Future Of Music Is “Access, Not Ownership”

VEVO CEO Says Future Of Music Is “Access, Not Ownership” | Music digital sales | Scoop.it

In recent times, the demise of physical music sales has forced many who rely on music generated revue for survival to think outside the square, whilst still remaining ethical and ‘fair’. Many have debated the rippled effects on online music streaming and its impact on both physical sales and artists’ revenue, but one budding CEO has set his sights on restoring the credibility of sourcing music online.

 

Rio Caraeff, CEO of video streaming service VEVO, which essentially acts like a more exclusively musical focused version of YouTube, has added his voice to the chorus of commenters on the current state of the music industry, of which streaming services and online digital distribution play a crucial role.


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• Chart: Streaming Boom Can't Offset Decline in Physical Music Sales | Statista

• Chart: Streaming Boom Can't Offset Decline in Physical Music Sales | Statista | Music digital sales | Scoop.it
This chart shows the estimated annual change in global music revenues, broken down by type.

Via Pierre Priot
Marcus A Mitchell's insight:

The Pro's of this is that for independent artist who dont have that backing can now use the internet to push their music to there world and make money to mass produce any of their future projects.

 

The Cons of this is that the fans of music that are Digital immagrants may not know how to gain copies of the music if the dont know how to use the internet and are big fans on still maintaing ownership of the physical copy of the music.

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The Next Great Internet Disruption: Authority and Governance | David Bollier

The Next Great Internet Disruption: Authority and Governance | David Bollier | Music digital sales | Scoop.it

As the Internet and digital technologies have proliferated over the past twenty years, incumbent enterprises nearly always resist open network dynamics with fierce determination, a narrow ingenuity and resistance.  It arguably started with AOL (vs. the Web and browsers), Lotus Notes (vs. the Web and browsers) and Microsoft MSN (vs. the Web and browsers, Amazon in books and eventually everything) before moving on to the newspaper industry (Craigslist, blogs, news aggregators, podcasts), the music industry (MP3s, streaming, digital sales, video through streaming and YouTube), and telecommunications (VoIP, WiFi).  But the inevitable rearguard actions to defend old forms are invariably overwhelmed by the new, network-based ones.  The old business models, organizational structures, professional sinecures, cultural norms, etc., ultimately yield to open platforms.

 

 


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Can streaming save music sales?

Can streaming save music sales? | Music digital sales | Scoop.it
Streaming services have reversed the fortunes of the music industry in Sweden and now generate more income than downloads or CDs. But can the model be replicated worldwide?

Via Pierre Priot
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Pierre Priot's curator insight, April 23, 2013 5:39 AM

Streaming vs Download - a cultural thing?

Michael Wynn's curator insight, October 11, 2013 9:00 PM

This article contains statistics from all over the world about music streaming.It also has information about how music streaming is helping the industry.