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Music industry has lost a third of its value since 2003
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The following comments relate to this news article:
article published on 20 January, 2011
The International Federation of the Phonographic Industry's (IFPI) latest Digital Music Report has painted a bleak picture for the music industry, explaining how its value has been cut by a third in just seven years, with no end in sight.
Digital music revenue has grown 1000 percent in the time frame, but growth has slowed from triple digits earlier in the century to just 6 percent in 2010.
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Staff Member
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21. January 2011 @ 15:53 |
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Originally posted by lissenup2:
Originally posted by omegaman7:
I once read that musicians themselves, actually don't make much at all, off the discs/cassettes that are sold. Percentage wise, it was like a single penny on the dollar. It's simply their managers...agents, record companies that get the stronger percentage. Concerts, shows, merchandise...THAT'S where a band thrives! I laugh about news reports like this. Piracy might effect the corporate big wigs end figures, but the musicians themselves? Give me a break...
Actually, you're right on the money. Artists make an average of 7 cents/album. Money is definitively made from touring.
Right. I did read however, that big name acts (Madonna, Eminem, many others) were making as much as $1-1.50 per CD in the early/mid-2000s.
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21. January 2011 @ 16:21 |
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Originally posted by DVDBack23:
Originally posted by lissenup2:
Originally posted by omegaman7:
I once read that musicians themselves, actually don't make much at all, off the discs/cassettes that are sold. Percentage wise, it was like a single penny on the dollar. It's simply their managers...agents, record companies that get the stronger percentage. Concerts, shows, merchandise...THAT'S where a band thrives! I laugh about news reports like this. Piracy might effect the corporate big wigs end figures, but the musicians themselves? Give me a break...
Actually, you're right on the money. Artists make an average of 7 cents/album. Money is definitively made from touring.
Right. I did read however, that big name acts (Madonna, Eminem, many others) were making as much as $1-1.50 per CD in the early/mid-2000s.
I think you mean per song and not CD but you are absolutely correct if you pay a $1+ per song buying a CD's worth of songs increases the price tag significantly.
At a $1/$1.50 per CD I?d go on a buying rampage?. LOL
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Frogfart
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21. January 2011 @ 18:12 |
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I blame the shite standard of music that's aimed at nine year olds. The other factor is Simon Cowell and the crap he shoves down our throat.
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22. January 2011 @ 03:49 |
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As your collection of music CDs increase in size then storage becomes an issue. We use Windows Media Player to download contents of CD to create a music library. Now you can create a playlist and listen to your music from your workstation or laptop.
The RIAA considers this piracy. Today, there is no way to know whether a particular digital copy of a song is alright to downloaded. Ownership of the copyright to the song can be disputed. How do you obtain permission to use copyrighted music when you do not know how to contact the holder of the copyright.
SCO claims to own UNIX copyright. SCO claims to own copyright of code developed by IBM. Novell claims to own UNIX copyright.
Who or what owns the copyrights to Beatles music?
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22. January 2011 @ 05:38 |
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Originally posted by SomeBozo:
I believe the 6% is the Digital market growth has finally slowed in 2010 after having triple digit growth, not the music industry's growth... As it started:
Originally posted by Article:
Digital music revenue has grown 1000 percent in the time frame, but growth has slowed from triple digits earlier in the century to just 6 percent in 2010.
So it started at 1000% growth and has slowed to 6% since then? I find that hard to believe, that is a HUGE decline. I think they meant overall growth is down to 6%. Digital is still growing with new streaming services and changes to existing ones. Streaming/subscription services are where it is at now. People are mobile, the days of carrying around a Sony Walkman (tape/cd version) are LONG over. Primary revenue needs should be digital or the industry will continue to die.
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Interestx
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22. January 2011 @ 09:19 |
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Originally posted by 68vista:
Back in 2003 we were blessed with hi-fidelity music formats like DVD-A and SACD, and audiophiles were really pleased to hear great music like DSOTM in 5.1 surround.
That's true and I have several (bought) SACDs & DVD-Audio's myself, but the thing is, for me at least, they were bought for the higher fidelity.
The mass-market has never shown any interest in the level of kit required to even hear that properly
(it's one of the amusing things about high definition discs being sold on the back of lossless audio, only a tiny fraction will ever bother to have the speaker package alone required to even hear it properly).
Hence the popularity of .mp3's convenience over quality.
Don't get me wrong, 5.1 sound is fun......but that's about it, albums like DSOTM were never created and intended to be 'surround sound' tracks......and I'll take the artists intent over the record company attempting to cash in & exploit customers over new reproduction tech anyday of the week.
For most musis 2.1 audio makes more sense, but then that's a lower number......it's back to the 'no, but this goes up to number 11' mentality, really isnt it?
Now someone like Dave Gilmour or Peter Gabriel creating specifically for the 'sound field' 5.1, 7.1 etc can give is another matter entirely.
But still, it takes all sorts, whatever floats your boat.
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22. January 2011 @ 09:49 |
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Well, then quit blaming everybody else and only blame yourself for the decline in music sales. Most of the crap of today is not worth buying anyways, and I'm not the only one who thinks this. They need to try a new way before trying to go and blame others for their mistakes. Remember, two wrongs don't make a right.
Chance prepares the favored mind. Look up once in a while and you might learn something. - BLUEBOY
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Interestx
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22. January 2011 @ 10:36 |
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It's the idiot lie that underpins all of this that I just find incredible it goes unchallenged.
Sharing (which isn't actually 'piracy' by any sane definition anyways, pircay is counterfeit goods being sold) has not stopped the big bands or films or games making vast amounts of money.
....and 99.9% of all sharing is stuff people have heard of and want, ie the already enormously successful.
None of that has actually been 'hurt' in any meaningful way.....and pretending it's been 'killing' anything is laughable (as those 'home taping is killing music' ads from the 1970's are)
Lying liars lying to us, again, as their huge profit levels prove.
(and holding up the struggling artists is just a joke, as said at best they get a few pennies on the $/£.....and if new talent is struggling then how come an industry making so much money isn't supporting them better.....they have all the f*&$ing money!)
This message has been edited since posting. Last time this message was edited on 22. January 2011 @ 10:38
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22. January 2011 @ 15:04 |
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Its the bean counting non-creative leeches that are loosing the money, not the artists (hopefully). So long as the artists continue to tour and release their work on the net free of the talentless something-for-nothing leeches, both they and the consumers (so long as someone doesn't let the greed factor take over) will continue to reap the benefits of cheaper entertainment. Which is what I assume is what everyone wants. Promotion has been the biggest lie in the music (entertainment as a whole actually) industry since its inception, now that the internet has become commonplace the public as a whole has started to see just what a farce that actually is.
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dbminter
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22. January 2011 @ 22:01 |
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I like how they use a future date in their estimates of how much losses the industry will suffer. If they can't be bothered to come up with real data for the present, how can they possibly come up any real data for 4 years into the future?
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22. January 2011 @ 23:56 |
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Bands will just have to tour more! :) you can't download a concert experience!
Concordia res parvae crescent
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23. January 2011 @ 04:29 |
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Originally posted by thepohl:
Bands will just have to tour more! :) you can't download a concert experience!
Really? You can't? You might want to tell the Dead that as there are more bootleg concerts in circulation than they have albums.
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23. January 2011 @ 04:38 |
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Originally posted by Interestx:
Originally posted by 68vista:
Back in 2003 we were blessed with hi-fidelity music formats like DVD-A and SACD, and audiophiles were really pleased to hear great music like DSOTM in 5.1 surround.
That's true and I have several (bought) SACDs & DVD-Audio's myself, but the thing is, for me at least, they were bought for the higher fidelity.
The mass-market has never shown any interest in the level of kit required to even hear that properly
(it's one of the amusing things about high definition discs being sold on the back of lossless audio, only a tiny fraction will ever bother to have the speaker package alone required to even hear it properly).
Hence the popularity of .mp3's convenience over quality.
Don't get me wrong, 5.1 sound is fun......but that's about it, albums like DSOTM were never created and intended to be 'surround sound' tracks......and I'll take the artists intent over the record company attempting to cash in & exploit customers over new reproduction tech anyday of the week.
For most musis 2.1 audio makes more sense, but then that's a lower number......it's back to the 'no, but this goes up to number 11' mentality, really isnt it?
Now someone like Dave Gilmour or Peter Gabriel creating specifically for the 'sound field' 5.1, 7.1 etc can give is another matter entirely.
But still, it takes all sorts, whatever floats your boat.
I've got around $20k to $30K in a sound system would that qualify as OK?
I also have the Master Recorded version of DSOTM on vinyl as well as the standard version and a SACD as well. I listen to it in 7ch stereo and it sounds fantastic at moderate levels or above. Playing most stereo recordings doesn't work well and looses in the expansion. Even some of my DVD-A's that provide both Hi-Res PCM and 5.1 it is still better to use stereo (PCM). If the music was mastered for surround sound then it would sound better that way but you still loose a little fidelity.
I'm waiting for Tommy Bolin to master something in 5.1.... LOL
This message has been edited since posting. Last time this message was edited on 23. January 2011 @ 04:40
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23. January 2011 @ 08:14 |
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Originally posted by Mr-Movies:
Originally posted by thepohl:
Bands will just have to tour more! :) you can't download a concert experience!
Really? You can't? You might want to tell the Dead that as there are more bootleg concerts in circulation than they have albums.
Listening to live bootlegs and watching videos from a concert is not the same as being at the concert. The dead definitely do have a bunch of bootleg concert videos and tapes, but that is not the same as being at A DEAD CONCERT Ya know what I mean? Concerts are so amazing and it sure as hell beats sittin on your couch watching a video of the show. Ya smellin what i'm steppin in?
Concordia res parvae crescent
This message has been edited since posting. Last time this message was edited on 23. January 2011 @ 08:24
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23. January 2011 @ 10:04 |
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The music industry has enjoyed superprofits for so long that they have failed to note that superprofits are always short lived.
For many centuries music was not a profession that enjoyed fabulous incomes.
It's been a good run, be happy with that. The extended honeymoon you had in the golden days of selling sound recordings are over guys... Elvis has left the building.
Its a lot easier being righteous than right.
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23. January 2011 @ 11:03 |
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there was a time when an artist had to sell a million records to get a gold disc in the eighties it dropped to 100.000 thats before computers were even out there life changes and it's time they grew up and changed with it.its not pirates its the darn industry the artists have always made their money from touring they get a pittance from royalties.
i7 3770 12GB ram terrabyte sata drive 1 750Gb sata drive 285GTX graphics Sony dvdwriter same NZXT Nemesis case
Still playing Black Hawk Down why did I upgrade?
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23. January 2011 @ 13:34 |
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Originally posted by thepohl:
Originally posted by Mr-Movies:
Originally posted by thepohl:
Bands will just have to tour more! :) you can't download a concert experience!
Really? You can't? You might want to tell the Dead that as there are more bootleg concerts in circulation than they have albums.
Listening to live bootlegs and watching videos from a concert is not the same as being at the concert. The dead definitely do have a bunch of bootleg concert videos and tapes, but that is not the same as being at A DEAD CONCERT Ya know what I mean? Concerts are so amazing and it sure as hell beats sittin on your couch watching a video of the show. Ya smellin what i'm steppin in?
People still download them and still enjoy the experience otherwise they wouldn't exist would they. But you are right it is still better to have the experience live, at least the first time. However I've been at concerts were the studio albums were better than the Live performance so it isn't always true of course. Heck I was at the Alice Cooper concert that someone exploded a tear gas bomb on the concert floor, want to talk about a fun concert. Pretty hard to bootleg a tear gas bomb! But I suppose it could be done.
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Interestx
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23. January 2011 @ 13:45 |
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Quote:
Mr-Movies
I've got around $20k to $30K in a sound system would that qualify as OK?
'Course it does, anyone who's spending the $5 - 6k+ required qualifies.
You also know that you are in the tiny minority and most simply will never have the interest or inclination to go that far with their audio stuff.
True quality kit costs, always has done always will and for that reason is very rarely ever a mass-market thing, so why expect the mass-market to be that bothered in the first place?
They usually cotton on pretty fast that the quality offered v cost is of no real interest to them.
No being condescending just realistic.
That's all I was getting at.
Quote:
Mr-Movies
I also have the Master Recorded version of DSOTM on vinyl as well as the standard version and a SACD as well. I listen to it in 7ch stereo and it sounds fantastic at moderate levels or above.
You too eh? It's a love thing, right?
:¬D
Quote:
Mr-Movies
Playing most stereo recordings doesn't work well and looses in the expansion. Even some of my DVD-A's that provide both Hi-Res PCM and 5.1 it is still better to use stereo (PCM). If the music was mastered for surround sound then it would sound better that way but you still loose a little fidelity.
+1
.....and as I said whilst a new different take on something can be fun I far prefer the original artists intention - for me it's like colorising old classic movies, interesting for a short period but it's just 'right' as intended.
Quote:
Mr-Movies
I'm waiting for Tommy Bolin to master something in 5.1.... LOL
Ah God bless him, missed to this day my friend, loved his DP work.
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Junior Member
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23. January 2011 @ 21:10 |
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Originally posted by thepohl:
Bands will just have to tour more! :) you can't download a concert experience!
Let's have another Woodstock concert.
This message has been edited since posting. Last time this message was edited on 24. January 2011 @ 20:28
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24. January 2011 @ 06:18 |
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it was wet muddy and chaotic a real shambles and no naked girls they were added after how about another NEWPORT
i7 3770 12GB ram terrabyte sata drive 1 750Gb sata drive 285GTX graphics Sony dvdwriter same NZXT Nemesis case
Still playing Black Hawk Down why did I upgrade?
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Interestx
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24. January 2011 @ 07:25 |
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How about the music business & the talent-lite moldable wannabes they prefer to promote stop pretending that being an artist is all about striking it mega rich & then being an egotistical & narcissistic abusive fool ever after having done that with that awesome 'career of 1 or 2 singles & an album or 2?
(cos the truth in any event is that the record Co. gets almost all the money &the best the 'talent' can hope for is some presenting job on low audience cable/satellite TV for a couple of years)
True artists want their art out there & history shows most great artists weren't rich idle idiots and kept up the stream of work (providing they survived their demons).
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24. January 2011 @ 08:08 |
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Originally posted by Interestx:
How about the music business & the talent-lite moldable wannabes they prefer to promote stop pretending that being an artist is all about striking it mega rich & then being an egotistical & narcissistic abusive fool ever after having done that with that awesome 'career of 1 or 2 singles & an album or 2?
(cos the truth in any event is that the record Co. gets almost all the money &the best the 'talent' can hope for is some presenting job on low audience cable/satellite TV for a couple of years)
True artists want their art out there & history shows most great artists weren't rich idle idiots and kept up the stream of work (providing they survived their demons).
This is what I was getting at. Perhaps we can only hope that maybe removing the expectation that you should get mega-rich may sort the wheat from the chaff?
Its a lot easier being righteous than right.
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24. January 2011 @ 11:29 |
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In other news singer/artist Akon is giving away a customised lamborgini.snoop dogg owns a mansion with a recording studio in it.pretty sure eminem and dr dre own mansions.pretty sure most these so called struggling artists own mansions and flash cars.poor fergie might not be able to afford more plastic surgery.britney spears might not be able to afford personal chefs for her tours.dr dre might have to release more than 1 album in the next 10years to pay for all them cars with a smashed front end he raps about.john farnham might have to do another fairwell tour.elton john might have to sell one of his 50million pairs of glasses.guess you can kinda see my point.
custom built gaming pc from early 2010,ps2 with 15 games all original,ps3 500gbs with 5 games all original,yamaha amp and 5.1channel surround sound speakers,46inch sony lcd smart tv.
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Interestx
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24. January 2011 @ 12:52 |
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.....much as I like the black album and appreciate Kirk Hammett's guitar playing I doubt I've ever been quite so nauseated at that ad with them sitting around their mansion swimming pool shilling for the billion $ 'industry' they have obviously embraced to the full, whining about how 'piracy' (they meant sharing) was hurting honest struggling artists and musicians.
F***ing sickening & I've never felt the same about them since.
That is not a trait of a true artist.
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24. January 2011 @ 20:26 |
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This message has been edited since posting. Last time this message was edited on 24. January 2011 @ 20:27
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