Pitchfork Media's Eric Harvey has published a great (lengthy) cover article on the evolution of streaming music that explores how services from YouTube to Pandora to Spotify are affecting ideas of taste, access, and ownership in the 21st century, and what this shift means for fans and artists alike. If you have any interest in this, this is an article worth reading. . Read More
Hypebot reports that merch sales app atVenu has raised $1.1 million in its seed round. The funding round was led by Real Ventures with participation from private investors from Canada and the U.S. The San Francisco-based startup will also be launching its mobile app and web applications to all artists. . Read More
Billboard reports that Rihanna has sold over 10 million albums in United States according to Nielsen SoundScan. This week, she sold another 5,000 copies of albums, bringing the total to 10,001,000. Her recent album "Unapologetic", which debuted in 2012, has now managed to sell over 1.113 million copies. Read More
A report published by Nielsen in collaboration with Billboard shows that U.S. music sales grew 3.1 percent in 2012 setting a new record for the music industry. . Read More 29 comments
Los Angeles – Sales of single-track digital music downloads
in the U.S. fell 0.2% in the first half of 2010, according to Nielsen SoundScan
data, Music Week reports.
The main contributing factor is thought to be the
introduction of “variable pricing” for downloads, where some new
release tracks now retail for $1.29, up from the previously established
standard of 99 cents.
On a brighter note, U.S. sales of full-album downloads
was up 12.7% in the first half of the year, to 42.2 million units.
New York – Digital song
sales in the U.S.
declined for the first time since 2003 in the first quarter of 2010, signaling a
possible leveling off of the market, Billboard reported, citing Nielsen
SoundScan sales data. Track sales in the quarter were down nearly 1%, to 312.4
million from 315.4 million in the same period a year ago.
Even when figuring in
a calendar adjustment, track sales were down .09% in the first quarter.
Billboard said industry executives blamed the decline in digital song sales to
the price [...].
New York – U.S. music purchases were up 2.1% in 2009 to 1.54
billion albums, singles, videos and digital tracks, and digital music now
accounts for 40% of total U.S.
music purchases, according to Nielsen SoundScan’s year-end report. Overall
album sales, which includes albums and track-equivalent albums, were down 8.5%,
to 490 million. By contrast, digital album sales grew 16.1%, to 76.4 million,
and digital track sales rose 8.3%, to 1.15 billion. Digital album sales
accounted for 20% of total album sales in 2009, up from 15% [...]. one comment