After reading this article I had mixed emotions about what I read because as person that loves to listen to free music this is a disadvantage. I would like to have more time to listen to the music that’s provided by them. On the other hand, I understand why Spotify reduced the amount of time we can listen to the music that is given by them. Even though I think that they made the wrong decision because their competition offered more and they started to lost active users.
U.S. music sales shrank to $6.9 billion, down 11% from 2009 and roughly half of what it was a decade ago, according to figures released by the RIAA.
Vinyl is back.
While sales of compact discs and ringtones suffered double-digit declines last year, vinyl records enjoyed what appears to be an enduring resurgence in 2010, according to figures released Thursday by the Recording Industry Assn. of America.
CD sales dropped 21% in 2010 to $3.36 billion, down from $4.27 billion in 2009, said RIAA, whose members include the industry's largest record labels. Vinyl LP sales, meanwhile, surged 26%, albeit to a modest $4 million, up from $3.2 million in 2009. The increase comes partly from live DJs who prefer vinyl over digital and partly from a new generation of collectors who see them as valuable souvenirs.
After reading this article, I was shocked because I didn’t think that vinyl records were bought more than CDs. It states that buying an individual song grew in downloads by 2.1% in 2010 with more than 1.16 billion tracks sold, compared with 1.14 billion in 2009. The fact that digital music grew 10% because of apple was interesting. It shows that music is has evolved a lot through the years and it also shows that music never dies.
By 2016, cloud-based streaming services will become a more important form of access to music than owning albums, songs or tracks, forecasts ABI Research.
"The number of subscribers to mobile music streaming services is expected to approach 5.9 million by the end of this year," analyst Aapo Markkanen said. "ABI Research believes that number will exceed 161 million subscribers in 2016, meaning a compound annual growth rate of nearly 95%."
ABI Research attributes this shift primarily to the growing use of mobile handsets, especially smart phones, as listening devices.
The study suggests that the service providers that enable these new models, such as Rhapsody, Melon and Spotify, will be among the biggest winners from these developments.
"Record labels, producers and other middlemen whose businesses have been shaken by content piracy also stand to gain from streaming services as they have an opportunity to monetize a lot of consumption that would otherwise take place outside their revenue base," ABI Research predicts.
This article shows how the advanced the world has become. It states that by 2016, music is going to be accessible mostly through streaming through the Internet. We are in 2013 and in my opinion that’s already happening. People have gotten accustomed through the different types of technologies. Streaming music has become a habit because of all the technology we have. Buying records or CDs rarely happens because there are so many different ways to buy or get things from the Internet.
Pros: The advantage of streaming music from the Internet is that it becomes a lot easier to do. Streaming also allows you to check out new artists to see if you like them before decide to download their songs. It makes the process a lot faster.
Cons: The disadvantage of streaming music from the Internet in my opinion is mostly for the artists because most streaming is done illegally. This means people can get the artist’s song for free. People can also take the artist’s music and make it look like it’s their own. The artist’s basically lose all their rights which is unfair.
There's a substantial number of people who still rely on MP3s for their music listening, and it's clear that the thrust behind this change is to try and get those people out of iTunes and into Spotify. That's a good thing -- iTunes in its current state is a bloated mess. But the danger is that Spotify could become the same.
By muddying the waters of the original vision for Spotify -- a giant jukebox in the cloud with every song in the world available -- there's a real risk that the product loses its glorious simplicity. You double-click a song, it plays, and the content owner gets paid -- either from subscription or ad revenue.
You can argue that the streaming model doesn't work. Content owners, particularly in the United States, have proved very resistant to the idea of free streaming, despite an enormous amount of enthusiasm for the concept from the general public. The reason is that streaming revenues per stream are low, whereas download revenues per track are high.
In my opinion, Spotify became a lot smarter. They decided that streaming wasn’t really working too well anymore. They decided to combine with ITunes and Media Player. They are also synced to iOS and Android devices. After that they created their own MP3 store, which was super intelligent because they used their resources wisely. They did anything and as much as possible to get noticed which seems to be working. They are one of the many resources that people can use to listen to music.
Common opinion generally decrees that, in the future, the majority of consumers will be moving to the cloud to obtain broader access to music. While this is almost certainly true, in the fragmented world of consumer music consumption, a ‘collector’ mentality and desire for personal ownership continue to exist amongst many music fans. The music industry needs to ensure these different needs are addressed, rather than assuming a single model will satisfy all consumers.
This article shows the insight of a collector. I thought this article was pretty interesting because I didn’t know that people still bout vinyl records. I like the fact that the article states that it’s “not suggesting for a moment that vinyl is on course to overtake digital sales and/or offer salvation to the music industry.” The article simply just suggests that there are many ways to get music. Collectors prefer buy records because it creates a better listening experience according to the article. It shows that streaming music is not the only way to get music.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.