Thursday, 2 December 2010

The State of The Music Industry & the Delegitimization of Artists

Part I: Music Purchases and Net Revenue For Artists Are Up, Gross Revenue for Labels is Down

Upcoming chapters:
Part II: The Impact of DMCA Streams and why they should be considered
Part III: How a skewed perspective delegitimizes artists
Part IV: The Growth Phase is Over? Improved Label Margins.
Part V: When Good Laws Turn Bad
Part VI: The Hills are alive…..

Did you hear? The success artists are having doesn't count. The music industry is over. Fewer albums are selling; revenue is down; the music being released is “crap”; everyone just steals music; the subscription services didn't take off; the RIAA is suing music fans; there are huge layoffs at the major labels; artists sell no music and make no money….it's a broken record.
The problem is, most of this is simply not true. Even worse, this perspective delegitimizes and hurts artists and the music industry. There is a lot “right” going on.
Based on what we have been hearing, most have no idea that music purchases are up over 50% from 2006 to 2009...
Continue reading.
Jeff Price @'tunecore'

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