Digital music sales continue fast growth in the US, accounting for 18 per cent of the music market there this year, and set to climb to 41 per cent of total sales across the next five years, Forrester Research claims.
The report predicts 55 per cent of US online consumers will pay to download music in 2013. Despite this strong growth, labels must get used to a smaller value music market, say the analysts, overall the US music market will shrink from its current level of $10.2 billion to $9.8 billion in the next five years.
Well, it looks as if at least one music label’s anachronistic stab at making money through fake scarcity has fallen flat, flat, flat on its face – Estelle’s back on the iTunes Store in the US.
It’s no great surprise – and we wouldn’t be at all shocked if the UK r&b star’s management challenged label Atlantic’s decision to remove her music from iTunes, arguing that their artist lost sales as a result. Continue reading →
Following Atlantic’s introduction of its socially-connected Fanbase application this week, Warner Music has invested in its own music and social networking start-up, uplayme.com.
In a related move, Dan Pelson left his post as Senior VP of Global Consumer Marketing at Warner Music to become CEO of uPlayMe. The smaller company introduced its new recommendation tools for sharing music and video with others this week. Continue reading →
Atlantic Records taken a step toward combining social networking with music sales, introducing its Fanbase service.
As I suppose it would to promote the launch, the label calls Fanbase “a groundbreaking digital fan experience”. Assembled using Adobe AIR technology, the first bands to stake some space on Atlantic Fanbase include. T.I., Simple Plan, Shinedown and Pretty Ricky. Continue reading →
US musician Kid Rock has gone public on why he won’t sell his albums through iTunes, arguing that while Apple and the labels get paid, but the artists don’t.
Explaining his position, the musician said: “Back in the day, we all know the stories of the Otis Reddings and Chuck Berrys and Fats Dominos who never got paid.
“So the internet was an opportunity for everyone to be treated fairly, for the consumer to get a fair price, for the artist to be paid fairly, for the record companies to make some money.”
But they stuck to the “old system”, he continued.
Asked by his major label a few years ago to make a stand against music downloads he replied: “Wait a second. You’ve been stealing from the artists for years. Now you want me to stand up for you?” and refused the request, instead telling fans to download his music illegally. He’s not so worried about downloading, it seems, arguing, “I think we should level the playing field. I don’t mind people stealing my music, that’s fine. But I think they should steal everything. You know how much money the oil companies have? If you need some gas, just go fill your tank off and drive off, they’re not going to miss it.”
Kid Rock’s last album Rock ‘n’ Roll Jesus reached number one in the US, despite not being available on iTunes. The artist concedes he will be on iTunes “eventually”.