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iTunes users spending at the rate of $40/yr

iTunes users spending at the rate of $40/yr | Audio Recording News | Scoop.it
In the latest quarter the iTunes top line grew by 32%. Additional newly reported items: Quarterly revenues topped $4 billion (a new high) and the company suggests that this rate is maintainable by ...

Via Jérôme Rastoldo
jason hoban's insight:

This article points out about how much each individual spends on iTunes a year. The diagrams are very informative and credited by a reliable source.

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Capitol Records U.K. Launches, Nick Raphael Named President

Capitol Records U.K. Launches, Nick Raphael Named President | Audio Recording News | Scoop.it

Universal Music has announced the launch of Capitol Records U.K., marking the first time that the historic Capitol label has had a stand-alone presence in the U.K.

jason hoban's insight:

Universal Music acquired Capitol Records last fall. Universal has announced they will be opening up a Capitol headquarters in the U.K. This will create more opportunity for recording artist and musicians abroad. Capitol could face difficulties in the future with the recent downsizing of major labels. The source is reliable due to the content, continuity, and credibility of the site.

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Look who's Pirating now! University Of Georgia Music Business Program's Preliminary Study Of Advertising On Copyright Infringing Sites.

Look who's Pirating now!  University Of Georgia Music Business Program's Preliminary Study Of Advertising On Copyright Infringing Sites. | Audio Recording News | Scoop.it
Jonathan Taplin at  USC's  Annenberg Center has spent the last few month studying which parts of the online advertising ecosystem are delivering advertising (and hence revenue) to unlicensed music ...

Via Virginia Gordon
jason hoban's insight:

The content on the article is surprising. Large corporations are placing promotional adds on sites that contribute to illegal streaming and downloading. This article’s research is up-to date and is supported by credible sources.

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Apple strikes iRadio deal with Universal Music

Apple strikes iRadio deal with Universal Music | Audio Recording News | Scoop.it
Apple still needs the other major labels, but this brings it a step closer to launching its Internet radio service. Read this article by Paul Sloan on CNET News.
jason hoban's insight:

Apple is getting closer to launching their version of Internet radio.  This is no surprise with all the attention and success of Pandora Radio. This may take time as Apple is still working with major labels to reach an agreement. A credible site backs the article.

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IFPI: US recorded music revenue down 0.5% in 2012

IFPI: US recorded music revenue down 0.5% in 2012 | Audio Recording News | Scoop.it
Physical product dropped from $1.84bn to $1.53bn year-on-year
jason hoban's insight:

The article compares recorded music revenues in 2012 to 2013. The amount spent in music is surprisingly high. The fact that it has dropped in a year is not surprising at all.  This source is credibly backed by currency and supportive links.

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