Tag Archives for " downloads "
June 14, 2018
Sony Predicts A Growth Slowdown For The Music Industry
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 […]
Continue reading
January 11, 2018
Is The MP3 Era Coming To An End?
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 […]
Continue reading
October 27, 2017
Young Music Consumers Still Buy Music
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 […]
Continue reading
August 9, 2017
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 […]
Continue reading
April 3, 2017
Happy Days – US Music Growth The Most In 20 Years
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 […]
Continue reading
August 8, 2016
Goodbye MP3, We Hardly Knew Ya
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 […]
Continue reading
July 21, 2016
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 […]
Continue reading