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Scooped by Caitlin Davis
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Walmart to Cut Its CD Stock By Nearly Half

Walmart to Cut Its CD Stock By Nearly Half | Music Industry | Scoop.it
This article was first published in the April 12th issue of Billboard Magazine.
Caitlin Davis's insight:

It doesn’t surprise me at all that Walmart is taking the initiative to decrease the size of its CD distribution. It’s definitely true that a large portion of people who listen to music want the new releases and popular music, so it’s somewhat smart of Walmart to carry only those and put them up front in the Entertainment section of the store. Mentioned in the article also is that it’s going to be a lot harder for up-and-coming artists to get popular now, even though it’s already hard for them to get popular in Walmart. This definitely is unfortunate for new artists who are looking to get recognized because they won’t get a chance to get noticed or get attention if they don’t really have a radio hit. The new change to the CD section of all of the Walmarts is definitely unfortunate, but it can appeal to a lot more people, and Walmart knows how to sell. They’re one of the most successful companies and it shows. Up-and-coming artists don’t have a huge chance at all to make the displays at Walmart now, but even some say that new releases might not even make the cut to the front. Now, I think this is a little over the top because if it’s popular and new, then it should be on the display because people want it, so why refuse its spot from being out in the store? Being second to iTunes in selling the most music puts it as an important distributor for CD’s, but who knows where decreasing their CD distribution will put them on the chart. In the article it says that not all stores have updated displays with only the popular or new releases, so I’m curious to see what will happen. This is definitely going to make a huge impact on the music industry and music distributors because Walmart is a big factor in all of it.

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Lady Gaga Live Stream Puts NYC's Roseland Ballroom to Bed Forever

Lady Gaga Live Stream Puts NYC's Roseland Ballroom to Bed Forever | Music Industry | Scoop.it
Lady Gaga will conclude her seven-day residency at Roseland Ballroom, which is closing after her show on April 7. The event will be live streamed.
Caitlin Davis's insight:

I think that it’s definitely a huge blow out for Lady Gaga to do seven nights of shows during the last week of the 58 year long life of the Roseland Ball Room in New York City. Each show was sold out and it is a way for the Ball Room to go out with a bang for the last time. Before going on tour for her new album “ARTPOP,” Gaga gets a head start on her new shows coming up this spring. Personally I think that it was a very intimate performance that she put on each night, and definitely gave the Ball Room life and attention before it closed last night. I think that it’s really important that the Ball Room gets this recognition because it is a really important venue that had a long good run, but is now closing its doors. If Gaga hadn’t done these seven nights of performances, a lot would not have been so knowledgeable about the venue and it’s closing. It’s really important for a venue as historically important for music to be recognized for its past shows and its history before it’s over. With Madonna, Beyonce, and more performing at the Roseland Ball Room, it’s a meaningful venue that’s had its moments since opening in 1956 and before closing last night. With lots of memories, good and bad, it’s an important location that should be recognized, and I think that there was no better way for it to go out for a bang than with a string of seven performances done by Lady Gaga, who grew up in the city and attending performances at the venue. It’s a venue that will definitely be missed, but in its place more new venues can pop up to make their mark on the industry. 

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Muzik Reviews

Muzik Reviews | Music Industry | Scoop.it
Are Artists Paying the Price of Free Music Streaming?
Caitlin Davis's insight:

I think that music-streaming sites right now are becoming even more popular and are helping yet harming the music industry. Sure, it’s nice to not have to pay for music and just listen to a few ads every once and a while so the platform can make money, but what about the artists? In the article, it talks about how royalties are being lost for artists because of these new streaming platforms, but from the royalties that are there and the money that the platforms earn, where is the money going? Main issues of this are that people aren’t buying music as often as they used to, because they don’t need to anymore. This really cuts back the profits of artists because no one wants to purchase their media anymore if they can just listen to it for free whenever they want. Sure, ads get annoying every once and a while, but it can be more worth it to only have to listen to a few ads than paying hundreds of dollars for music. These new streaming platforms have a lot of producers worried because they are unsure if their artists can support themselves now due to the fact that a lot of them aren’t receiving the royalties they should be. The article talks about new streaming sites that are coming into view now that give back more to their artists, which is obviously really helpful to their careers and can give them for security than Spotify or Pandora. Although these websites aren’t a popular as better known ones at the moment, they have a lot of potential to help regulate the music industry more. It’s not that the industry isn’t regulated at the moment; it’s just that artists could profit a lot more from their music instead of having it streamed for free all over the Internet. It’s just the beginning for streaming and there’s more to come, but let’s just hope that artists get what they deserve from their media.

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