Tag Archives for " downloads "

Sony Predicts A Growth Slowdown For The Music Industry

Sony music slowdown on the Music 3.0 blog

The last few years have gone better than expected for the recorded music industry, with double digit growth and lots of smiles to go around. With streaming continuing to grow in acceptance, it’s a party that looks to go on for some time, but that’s not what Sony is predicting. Despite the growth in streaming, Sony […]

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January 11, 2018

Is The MP3 Era Coming To An End?

MP3 era

Reports are that Apple is moving up its timetable for killing the MP3 download from its iTunes Store to later this year. Originally the company was planning on next year for end-of-life, but have accelerated the schedule thanks to quickly declining sales and the unprecedented growth of music streaming. There has been no official announcement […]

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October 27, 2017

Young Music Consumers Still Buy Music

Young music consumers

By now we’ve been conditioned to the fact that most music consumers, especially the youngest ones, have totally converted to streaming and wouldn’t even think of purchasing a download or CD. If you believe that then you’re wrong. A new report from the IFPI entitled Music Consumer Report 2017 outlines how people around the world […]

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Warner Music Has Best Quarter In 14 Years

It wasn’t that long ago that the recorded music industry was completely in the doldrums, knocked down to less than half its peak business by a failing physical recording business that showed no signs of being replaced by downloads. Everyone predicted the worst  as there was absolutely no faith that the fledgling streaming services could […]

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Happy Days – US Music Growth The Most In 20 Years

Music sales growth

In record label executive offices across the U.S. there’s rejoicing as the latest RIAA numbers show a double digit increase in revenue for the first time in almost 20 years. The latest figures show that the recorded music market in 2016 brought in $7.7 billion, up a bit more 11% over the previous year. And […]

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Goodbye MP3, We Hardly Knew Ya

Goodbye MP3

When it comes to technology, the music business has always been about convenience. It’s ultimately never about the sound or even a lower cost, it’s always comes down to what’s easiest to use. Still, it’s surprising to see the MP3 file format (or the “download” as many know it) accelerating so quickly towards the end […]

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Music Industry News Roundup #4

Here’s some interesting music business news from the last week. There’s a lot going on in the streaming world, but as usual, that’s not all. Warner Music had it’s best quarter in a long time. Streaming agrees with this major label, and it’s up around 14% over the same time last year. Guest what? It’s […]

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