The square = total US music sales in 2014 ($6.97 billion).
Breakdown based on percentage of US total sales in 2014. Source: Recording Industry Association of America (RIAA). Total sales across all formats were $6.97 billion, down 5% from 2013.
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Why on earth is this a square?
This is an unusable chart.
The square = total US music sales in 2014 ($6.97 billion).
Do you think vinyl will overtake the revenue from paid streaming in the next five years? Makes you wonder what brilliant pivot spotify has next in their bag of VC tricks.
Is it true Van Morrison pulled Astral Weeks from Spotify?
It’s the box’s fault, I swear.
$100 BILLION BY 2020!!!!!!!!!!!!!!!!!!!!!!!!!!!
Building the $100 Billion Music Business: Guest Post by Tom Silverman
http://www.billboard.com/biz/articles/news/digital-and-mobile/1521562/building-the-100-billion-music-business-guest-post-by
He is the only fellow ever mentioning $100B.
Made attempts to contact him after some hot TV interview.
No luck!
After numerous attempts via “premium” LinkedIn to hit at Larry Page and Susan Wojcicki I have just tested direct [email protected].
So far SILENCE – I hope he has responsible enough mail sorting facility to recognize my MOONSHOT opportunity.
Larry, Just Google me and call me at any time 7AM till 11PM EST is perfect!
Music and GOOGLE needs a brake! $100B Google on the back of $100B music industry. It’s PRIMITIVE.
Well that is assuming that the RIAA’s numbers are accurate, which they aren’t. For instance, they base CD sales on shipments, no actual sales. They then calculate everything based on the “average” cost of a unit, which music is not sold for the average cost. Synchronization estimates are really low compared to what they receive. This would look a lot different if labels actually reported their revenue, profits, etc. You could read more in this essay: https://itakeoverbook.wordpress.com/2015/02/14/the-recording-industry-in-numbers-a-record-label-centered-view-of-recorded-music/
Or buy and read iTake-Over, where I wrestle with their accounting: https://itakeoverbook.wordpress.com/2014/12/03/itake-over-press-release/