Top iPad Music Apps (a/o May 23rd):
(
(#NMSLA11) We thought we'd dissected every stat possible from last year, but here's another one. In Los Angeles on Tuesday morning, Tommy Silverman kicked off New Music Seminar with this: 74% of all US-based albums sales came from CDs in
Actually, the percentage gets even higher for certain genres. For example, Silverman noted that 84 percent of Country, 85% of Gospel, and a staggering 93% of Latin album sales came from physical.
So maybe there's a 'glass half full' argument here, at least for a few years? But the spill is in motion: overall albums - physical or digital - dropped another 12.7 percent last year, and without digital albums, CDs alone slumped 19%.
Overall, digital formats accounted for 46% of US-based sales last year, according to Nielsen Soundscan.
/pr
Comments Closed
burgersteve Tuesday, February 15, 2011
Wow, "74% of all US based album sales come from CDs", sounds impressive doesn't it. Too bad it is utterly meaningless since album sales do not dominate the market. The vast majority of of all US based sales are single tracks. It's like the buggy whip salesman saying, the majority of buggy whip users still use horsepower, after most people bought cars, nice stat but meaningless.
@jameschatman Tuesday, February 15, 2011
James Chatman
I think the news is all bad in terms of music sales. It's time for artists and labels to think of other ways to make cash
@akwaabamusic Tuesday, February 15, 2011
akwaabamusic
only theRIAA would come up w this #... 46% digital, that's all that matters, no?
@glaurencin Wednesday, February 16, 2011
Guillaume Laurencin
CDs are not dead !
V Wednesday, February 16, 2011
It's still cheaper to buy a CD that comes with extra tracks and a free DVD then it is to buy the same album with no DVD, Digital Booklet, or extra songs from ITunes. People who like the album format still prefer the physical. Makes more sense to get the CD.
@Auddyaward Wednesday, February 16, 2011
Auddy Award
Apparently people still like buying CDs. What about your fans? Do you sell more digital or more physical copies...
@Vix_Russell Wednesday, February 16, 2011
Victoria Russell
Good News. Would be more epic if it was vinyl!
Jay Sunday, February 20, 2011
Agreed!
Bob Wednesday, February 16, 2011
The problem is the quality of the music being offered. The grammy awards were the best barometer of what's wrong with sales. In a world where Justin Beiber and Lady Gaga are on top, is it any wonder why sales are lower. Casual buyers and pre teens patronize these "acts." Serious music fans/collectors want to follow artists, not flavor of the week disco wannabes. Real artists can produce a quality product, on record, and reproduce it live on stage. Build a better mousetrap and the world will beat a path.......
@pavystream Wednesday, February 16, 2011
Josh
I think the news is all bad in terms of music...
@pavystream Wednesday, February 16, 2011
Josh
I think the news is all bad in terms of music...
Luigi Wednesday, February 16, 2011
The decline of CD sales is due to the closing of music stores !!!
And that was the result of the geniuses (read executives) of the multinational companies that (as usual) did a bad reading of the market and were more concerned with reaching budget (to get their annual bonus) and to achieve that used mass merchants destroying the retail base.
Digital brought back the singles market that was lost (because of economics) 30 years ago !!!
@ajaxxx Wednesday, February 16, 2011
Ajaxxx
Irony
jimbo1001 Wednesday, February 16, 2011
How can any music sales possibly be interpretted as a negative thing? The odds are against selling any music but I'm seeing CDs as a viable option. If I personally really want to keep music, I want a CD, period. Ipods are crap, they continually break. Data? Unless you back it up 4X, consider it expendable.
Jimmy
Casual Observer Thursday, February 17, 2011
I suspect that the industry types are too busy being woo'd by the internet megadeal types to actually understand what's happening to their industry.
If people really cared about music, wouldn't there be a greater abundance of hifi, not necessarily audiophile, stereos? Very few young people I know have decent sound systems attached to their computers or ipods - and the quality of audio coming out of these devices is poor. While you don't need great sound quality for great music, some people will want good sound with music they love. Fact that this isn't happening indicates a general disinterest.
I suspect the physical media sales drop has a lot to do with the fact that there just aren't many retail outlets anymore. And while Walmart may be great for a lot of things, it ain't cool. I would expect someone with an eye on the bottom line to build incentives and gigs for the remaining indie record stores to support a new phase of the industry, but that just isn't happening - instead, we have spotify with rounding error royalties, more and more uninteresting iphone apps for crappy sound, etc......
jefrey Monday, February 21, 2011
veryy good posting..
OUR SPONSORS
© 2011 All Rights Reserved
Follow Us