Kill The Record Industry
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Kill The Record Industry
Kill The Record Industry / Save The Music
Curated by Pierre Priot
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NME to close print edition after 66 years | Music | The Guardian

NME to close print edition after 66 years | Music | The Guardian | Kill The Record Industry | Scoop.it
Publisher of music magazine consulting about redundancies, while title will continue online
Pierre Priot's insight:
When kids cease to buy records you wouldn't expect them to buy newspapers, would you?
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Infographic: Music Streaming Revenues Surpass Physical Format Sales

Infographic: Music Streaming Revenues Surpass Physical Format Sales | Kill The Record Industry | Scoop.it
This chart breaks down U.S. music industry revenues by type of distribution.
Pierre Priot's insight:

Yet another revenue breakdown chart.

And again, this infographic fails to provide clear data. What's revenue? What's physical sales revenue? Are records stores sales included?

What's streaming revenue? Is that spotify/apple/pandora revenue? Or is that the cut they leave to labels & artists?

Again, this bring more questions than intelligence.

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Lyndie Wenzloff's curator insight, December 2, 2015 1:35 PM

This chart displays the statistics of revenue that came from the different types of distribution ways in the first half of 2014 and 2015. Note that physical album sales have dropped by $150 million, downloads have dropped by $100,000, while streaming has increased by $200 million. The source seems to be credible because the website only posts charts from studies and reports.

Brandon Weaver's curator insight, December 2, 2015 4:59 PM

Streaming services are the new "it" thing for music. It was inevitable that streaming would surpass physical sales when people don't make physical copies as much as they used to. 

Ramone Erving's curator insight, January 13, 2016 12:02 PM

Summary: Digital downloads and streaming is making more money than physical copies, and the physical copy sales are continuously decreasing. 

Pros: Giving streaming companies the ability to grow and expand

Cons: The physical copies of music will soon be minuet 

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America’s newest pressing plant will focus on independent labels

America’s newest pressing plant will focus on independent labels | Kill The Record Industry | Scoop.it
America’s newest pressing plant will focus on independent labels - The Vinyl Factory - the Home of Vinyl
Pierre Priot's insight:

Indie labels access to vinyl releases depends on new pressing plant openings

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Digital May Dominate Music Consumption, But Majority of Vinyl Buyers Are 35 and Under

Digital May Dominate Music Consumption, But Majority of Vinyl Buyers Are 35 and Under | Kill The Record Industry | Scoop.it

At Amoeba Music, the hangar-size rock 'n' roll Mecca on Los Angeles' Sunset Boulevard, something ­surprising happened just before Christmas in 2013. After a few years of ­moderate growth, vinyl records started flying off the shelves in serious quantities for the first time since CDs took over in the late 1980s. Powered by Daft Punk's Random Access Memories and ­classic rock reissues, LP sales "exploded" that November, ­according to Amoeba GM Rik Sanchez. "It's just continued since -- it's substantial, a really heavy spike," he says. "Having a record in your hand is just way cooler than having a file in your iPod."

 

 

Pierre Priot's insight:

Profiling the vinyl enthusiasts

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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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Is the Internet Really a Record Store’s Enemy? 5 Shops on Existing in the Digital Age - Stephen Godfroy, Rough Trade

Is the Internet Really a Record Store’s Enemy? 5 Shops on Existing in the Digital Age - Stephen Godfroy, Rough Trade | Kill The Record Industry | Scoop.it
The music industry has not been the same since Napster. Or iTunes. Or YouTube. Or Spotify. It seems that every couple years the distribution model for music is taken for another digital turn. Recently, the rise of streaming has allowed services like Spotify and SoundCloud to instantaneously collect vast swaths of information on listeners. Just a few weeks ago, The Atlantic published an article looking at how the music biz utilizes these listener stats to grow their businesses. Some feared that it would lead to widespread homogenization of popular music. Fortunately, artists still seem to rely more on tried-and-true creative inspiration when writing music than on aggregated stats for geo-targeted listeners.
Pierre Priot's insight:

Five great records owners: five gospels about this noble business 

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JustTheBeginning's curator insight, February 9, 2016 9:58 PM

I can see exactly what this displays where it talks about how increasingly strong digital technology is consumers our culture. At the rate things are moving it sorta looks hopeless for the future of record stores now that mass media is advertised so abundant it must be hard to come across a decent retro design or as we would say scheme of things.

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Pressing plants feel the strain with vinyl records back in the groove

Pressing plants feel the strain with vinyl records back in the groove | Kill The Record Industry | Scoop.it

The commercial revival of vinyl records is good thing for many people: Record labels, recording artists, audiophile collectors, independent record shops — all for whom the increase in sales each year is considered a jolt of life in what otherwise is considered a growing public disinterest in owning tangible music.

Pierre Priot's insight:

The vinyl revival is powered by aging vintage presses.

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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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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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The Steady Decline Of The CD Buyer

The Steady Decline Of The CD Buyer | Kill The Record Industry | Scoop.it

As much as we may be in the era of streaming, nearly half of recorded music revenue globally is still derived from physical sales, with the CD making up the vast majority of that. So, for all the understandable focus on how YouTube, Spotify, Soundcloud & co are shaping the future of the music business, the humble CD buyer remains crucial. Take away the $4.5 billion of physical music revenue generated in 2015 and most record labels of scale, majors included, would go belly up.

 

 

Pierre Priot's insight:

The CD buyer is getting old, and he's showing more interest in Nirvana's Unplugged latest re-issue than in any kickass new material you may put out.
No wonder back catalog sales are surpassing new releases

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clyde norvell's curator insight, February 9, 2016 5:03 PM

Streaming music is the new way of getting and listening to music today,But the CD's market shouldn't not be over looked or under estimated. CD's are still a strong source of music sales and still has a strong market for them. Record companies and producers should continue to use them.

Larissa Teems's curator insight, February 10, 2016 9:15 PM

Interesting to think about being able to "subscribe" to a record label instead of buy physical CDs from them. I've often wondered if it would be better if the big record labels did go "belly-up" and smaller labels and producers became more popular. I feel as though there would be more individuality and less influence from outsiders. 

Deandre Summlin's curator insight, February 11, 2016 3:22 AM

How will you publish and expose your music?

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THE MANY ARRIVALS OF THE VINYL REVIVAL (PART ONE) | Independent Leeds

THE MANY ARRIVALS OF THE VINYL REVIVAL (PART ONE) | Independent Leeds | Kill The Record Industry | Scoop.it
The effects being felt right now as mums and dads, grans and granddads, fortunate to have horded their old record collections in lofts, cupboards and garages are now finally heralded as heroically hip futurologists by their awestruck teens.

But how did this happen? What events occurred that caused this seismic sonic shift? And in Leeds, a city blessed with some very long-standing independent record shops, how can you revive something that never disappeared in the first place?

Well I suspect two main shots across the bows of the digital world had quite an effect so if you’ll indulge me for a while longer I’ll try to articulate best I can that unholy alliance of old and young who unknowingly spawned a million articles like this one.
Pierre Priot's insight:

Vinyl revival seen from the record store perspective: "how can you revive something that never disappeared in the first place?"

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Have We Reached Peak Vinyl? - Stereogum

Have We Reached Peak Vinyl? - Stereogum | Kill The Record Industry | Scoop.it

Stewart Anderson has had enough. The frontman for noise-pop veterans Boyracer and head of likeminded label 555 Recordings has been releasing music on vinyl since 1991. But the well-documented manufacturing delays that have gone hand in hand with the format’s unlikely resurgence have finally pushed the artist/entrepreneur to the point of wanting to break it off with analog discs.

Pierre Priot's insight:

Is the vinyl revival sustainable? How long will indie acts be able to afford wax?

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Music industry to announce Friday as global release day

Music industry to announce Friday as global release day | Kill The Record Industry | Scoop.it
Music industry "on the verge" of announcing Friday as global release day
Pierre Priot's insight:

I urge all indie labels to announce Monday/Tuesday/Wednesday/Thursday as indie global release days.

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Vinyl’s difficult comeback | John Harris

Vinyl’s difficult comeback | John Harris | Kill The Record Industry | Scoop.it
In the first half of 2014, officially registered sales of vinyl in the US stood at around 4m, confirming an increase of more than 40% compared to the same period in 2013. In the UK, this year’s accredited sales will come in at around 1.2m, more than 50% up on last year. That may represent a tiny fraction of the industry’s estimated sales of recorded music, but still, a means of listening to music essentially invented in the 19th century and long since presumed to be dead is growing at speed, and the presses at Optimal – along with similar facilities smattered across the UK, mainland Europe, the US and beyond – are set to grind and pump on, into the future.
Pierre Priot's insight:

Great story about the Optimal vinyl pressing factory (Röbel, Germany) and in-depth analysis of the wax comeback 

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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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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.

Christian Torres's curator insight, October 12, 2015 5:42 PM

Vinyls sale continue growing as the time pass, the Vinyl industry is back in the game again.

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Manufacturers are struggling to keep up with the resurgence in vinyl records

Manufacturers are struggling to keep up with the resurgence in vinyl records | Kill The Record Industry | Scoop.it
The crackle of a vinyl revival has been getting louder this year as dropping the needle on a record becomes ever more in vogue. But what has been championed as a victory for music purists is putting a strain on a creaking industry.
Pierre Priot's insight:

Right now the record industry most valuable piece of equipment is a record-pressing machine 

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The Official Top 20 Biggest Selling Vinyl Albums Of 2014 so far

The Official Top 20 Biggest Selling Vinyl Albums Of 2014 so far | Kill The Record Industry | Scoop.it

The success of the various albums has helped get 2014 off to the best start in more than a decade for vinyl albums. Last year saw 790,000 vinyl albums sold in the UK – but 2014 is already more than one-third of the way to that target after 15 weeks, putting it on course for sales around 900,000 for the full year (if sales continue at the current rate).

 

 

Pierre Priot's insight:

Vinyl top 20 features a lot more of great albums than the regular charts! 

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Wu-Tang Clan will sell only a single copy of their new album

Wu-Tang Clan will sell only a single copy of their new album | Kill The Record Industry | Scoop.it

s music sales have dwindled over the years, artists have increasingly turned to making special editions of their albums to entice hardcore fans to spend more hard-earned cash — but there's never been an album quite like what Wu-Tang Clan is cooking up. In addition to releasing a 20th anniversary album this summer called A Better Tomorrow, the hip-hop collective also recorded a double album in secret over the last two years — and is only releasing one single copy of it.

Pierre Priot's insight:

The most limited release ever! No doubt this will turn out to bring big money to WTC.

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