Transcribed
Switching to Digital
Switching to Digital Sales of digital music are expected to overtake CDs in the US for the first time in 2012. Music Revenue by Format 2000 2005 2010 Cassette- Other 2.3% Digital 9% - Other 4.4% 5.2% CDs Digital CDs 93.3% CDs 85.8% 49.1% 47% Other 3.9% Note: U.S.based data; each pie represents 100% of total recording revenue for that year Music Industry Revenues | Worldwide music industry North America music industry |Worldwide digital music US. Digital music In Billions $70 $60.7 +$67.6 60 50 40 30 $26.5 $23.1 20 10 $2.9 $1.9 $14.8 - -$5.7 2006 2007 2008 2009 2010 2011
Switching to Digital
shared by DavroC83 on Nov 01
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I’ve been thinking on the free music downloads argument of late and the impact of streaming on mobiles / tablets. Look at the ratio of streams to downloads vs listens on the average Soundcloud free ...
download. The ratio is way in favour of streaming and practically everything is available to stream, somewhere. Even when you can download tunes, far more people just stream from either SoundCloud or YouTube. YouTube for music streaming is simply MASSIVE. With this in mind, when it comes to selling dance music, your only real market is DJs who have to buy the tune to play out, and that’s only because you’d be crazy to stream a tune in a live DJ set.
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