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This is US-based data, and each pie represents 100% of total recording revenue. And, here are the individual year source images, starting with 1973... 
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From
gigaom
The music business has been screwed up for a hopelessly long time, but change is afoot: Congress, courts and the Justice Department are all poised in coming months to shake up how companies and consumers pay for music. The big question, though, is whether this flurry of activity will produce a rational royalty system — or just make… Via midem
Musica, Copyright & Tecnologia's curator insight,
March 9, 2015 10:13 AM
#music #digitalcontent #musicbusiness #spotify #youtube #recordcompany
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The International Federation of the Phonographic Industry intends to make an announcement soon.
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You didn't have to look too far to spot the action at Clive Davis' pre-Grammy gala on Feb. 7. Ground zero was table 108, where Apple CEO Tim Cook, senior vp Internet software and services Eddy Cue, iTunes vp Robert Kondrk and Beats co-founder and title-less Apple executive Jimmy Iovine were seated alongside former U.S. Vice President Al Gore and former House speaker Nancy Pelosi. Via Benjamin DEBUSSCHERE
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Music revenues declined by 2.9% in 2014, down from $4.5 billion in 2013 to $4.3 billion across the US, UK, France, Italy, Australian, Sweden and Norway. Much has been made of the fact that revenue ... Via Benjamin DEBUSSCHERE
Chris McCoy's curator insight,
February 17, 2015 12:05 AM
Interesting to see these numbers. Is this because of streaming? What are your thoughts....
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The composer of “12 Years a Slave” is being sued by a fellow composer over the Oscar-winning film’s score.
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Tweeting "the music industry hates me," making many headline writers happy, Kim Dotcom said good bye to Baboom. The high profile, high stakes approach wasn't working and Baboom's CEO says that now they can focus on the Baboom brand rather than the Dotcom brand. Plans are still in the works to launch the much delayed music service 4th quarter 2014. According to Torrent Freak Kim Dotcom has left the Baboom building. A new stock filing revealed that Dotcom's family trust has sold all of its shares which were apparently his full stake. Baboom CEO Grant Edmundson says: "The transaction means... Via midem
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Paul McCartney contributed to Destiny's soundtrack, but he didn't do it for the money – because there was none, Bungie Community Manager Eric
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US-based recordings. Data supplied by the Recording Industry Association of America (RIAA); animation created by Digital Music News. And here are individual images for... Via Joanna KIRK
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If you want to better understand affluent, digitally savvy music consumers, get to know the 19 million Asian-Americans in the United States.
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From the outside, it looks simple: Terrestrial radio and Internet-based music services play the songs, the creators and performers Via midem
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Music Has Always Sounded Bad! A Reponse to "The Distortion in Sound" ... Aside from ultimately wondering what the point of this documentary was, I also felt that, while I may agree with the conclusion that the masses may be missing out on the finer nuances of their music, as original recorded, their arguments were a little weak. Saying that compressed audio through tiny earbuds or cheap, on-board computer speakers, sounds bad compared to the original recordings is true enough, but to suggest that this is something new and that some undeclared action must be taken is disingenuous at best. The fact is that the masses have been listening to comparatively poor sounding music for decades. It's simply a case of whether the music sounds "good enough." Consumers weigh this against other factors in their listening experience like: portability, accessibility, and cost. The fact is the masses are saying with their wallets that compressed music is, at most times. good enough....
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Everyone knows the way we listen to music will never be the same, but they never suspected this.
Cail Hampton Huggins's curator insight,
January 24, 2019 10:48 PM
This blows my mind . Music mastering technology is becoming an extension of the cloud now? LANDR is in my opinion, going to revolutionize the music industry. The days of spending thousands of dollars and waiting hours or days for you mastering to be completed are over. www.fastcolabs.com isn't a major news source but they seem to be pretty reliable after some research in the audio production industry. They always a reliable source for the best new tech available. 
Marcus Jacobs's curator insight,
December 7, 2021 12:57 PM
LANDR is an automatic mastering software making it easy for the recording process of music. I hate how technology is making it way in to the music industry because it will put many people out of a job, but this app is a really good one. Mastering is by far the hardest part in the music process and now this tech has a range of hearing that surpasses human abilities.
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Streaming music services accounted for more music industry revenue than CDs in the US last year, beating the dominant physical format for the first time. In total, streaming services were...
Namir Gonzalez's curator insight,
May 17, 2015 6:07 PM
People enjoy the convenience of having access to all the types of music that they like, this causes them to be drawn to streaming music because everything is at the click of a button.
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It doesn’t get any better than this in the music business — and it’s still bad. Universal Music Group’s revenue slid 5.6 percent last year despite distributing the top-selling album trifecta of 201...
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The number of brick and mortar stores selling music in the United Kingdom has reached an all-time high, despite the falling popularity of physical product. Via midem
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A small group of very vocal musicians has decided that the new target of their anger, after attacking cyberlockers, search engines and torrent sites, should be legal, authorized streaming services. They've decided that the payouts from these... Via Benjamin DEBUSSCHERE
Wendi Johnson's curator insight,
August 25, 2019 2:14 AM
It is insane. The artists spent years developing their musical skills and style, shouldn’t they be compensated? I understand major record labels are doing distribution and marketing, but it doesn’t mean they should take nearly all the money from the profit. It seems counter-productive, how many artists will stay if another label actually compensates appropriately? I think it is quite unfair, and horrible business practice. The major record labels are blatantly taking advantage of the artists. The artists should stand up and fight for their rights! This article was written by Mike Masnick. Techdirt is a great information resource for professionals. 
sansonlogan@gmail.com's curator insight,
August 23, 2020 8:32 PM
Record labels kinda suck, Techdirt seems like a cool source, I liked this article.
Corae Clark's curator insight,
August 22, 2021 7:47 PM
This article gives insights on how “transparent” labels really are about their profits in efforts to keep majority of the revenue an artist acquires as well as provides images of pie charts showing the share of streaming revenue and the post tax payout between artist, labels, platforms, songwriters/publishers, and taxes. I think there is a lot of re working the industry has to do around numbers being that we are in a different era than we use to be. Things are changing and so should the pay in my opinion. The author stated who he was and the source of his information as well as his opinion. I believe these articles tend to sound biased because some artist prefer labels and are doing well off while others believe they are being scammed.
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By Michael E. Spinelli, founder of Eventsnype. In a recent interview, Apple CEO Tim Cook dubbed Beats co-founders Jimmy Iovine and Dr. Dre “creative geniuses.” The justification CEO Tim Cook gave for acquiring Beats for $3 billion was the recognition that “human curation was important in the subscription service – that the sequencing of songs that you listen to affect how you feel.” [1] Given the questionable activity level of Beats’ record amount of users and the leaked royalty statements showing small margins of profitability this past summer, human curated playlist is not where streaming services are headed. [2] Today’s...
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Sound and Music's survey suggests that composers are producing more for less money, while also having to find other means of generating a significant income. The findings present the sector with 'some hard questions to ask ourselves', says chief exec Susanna Eastburn
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Source: Viacom (MTV/VH1/CMT) Research. Study involved 1,200 participants 13-40 years old; plus in-depth study of 34 participants, secondary research, proprietary panels and Facebook groups. Written...
Benjamin Labarthe-Piol's curator insight,
August 16, 2014 3:57 AM
Question is: what made them by this song ? and how much of people listening to songs on youtube actually still "buy" a song ?
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If the policy goes into effect, Friday will be the designated streetdate around the world.
RACHEL BETTS's curator insight,
August 13, 2014 12:23 AM
In their efforts to attack piracy and incorporate preventive measures, the labels are considering moving music release dates from Tuesday to instead Friday as early as July 2015; they're hoping this change would help reduce the piracy traffic.
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Yahoo News
Christopher Coleman's insight:
While the "Music Inspired By..." trend may be over (and we are all thankful for it), I'm hoping that the success of the use of 70s and 80s hits don't become Hollywood's new gimmick. In the case of both X-Men: Days of Future Past, in particular the use of "Time in a Bottle," and Guardians of the Galaxy, the songs employed were just about all digetic pieces. In the case of Guardians, those songs are actually pretty important to the plot. It's not just about putting a great compilation of classic hits together. We're all self-proclaimed-experts in that now. It's about how those hits are used at a particular moment, in a particular scene, for a particular film. Oh. And let's not underestimate that thing which will never go away ... the original score. While songs may sell more CDs... err digital downloads, there are few films that can't feature songs-only and get away with it.
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Renowned "Halo" music composer Marty O'Donnell has prevailed in his wrongful termination lawsuit against the president of Bungie, the or
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I also feel that it is important to keep up with the news on digital music and the industry around it find ways to track your progress to stay motivated of your growth. Knowing your worth and value to the music industry and focus on all of the changes and data behind how it all works.