“The Digital Music Report published by industry body IFPI shows that a 0.3 per cent growth in the piracy-decimated industry has been reversed, with total revenues falling from $16.5 to $15 billion in 2013. Total recorded music sales have shrunk by 45 per cent since 2000.”
Although these year-end numbers show piracy is alive and well, BitTorrent piracy has been in decline in recent years, Musicmetric EVP Daniel Savage tells Billboard. “Previous research that we’ve done indicates that the increased availability of music via streaming is a contributing factor.”
Although these year-end numbers show piracy is alive and well, BitTorrent piracy has been in decline in recent years, Musicmetric EVP Daniel Savage tells Billboard. “Previous research that we’ve done indicates that the increased availability of music via streaming is a contributing factor.”
“I really wish MusicMetric had advised Iron Maiden on how to make millions of dollars from music pirates. It’s such a good story. Too good, evidently, to be true.”
“If the demand for, say, live performances is enhanced by the ‘popularity’ of the artists generated from the number of distributed recordings (legal and illegal copies combined), then we obtain the conditions under which publishers of recorded media may lose for piracy, whereas artists may gain from piracy.”
“A new study by researchers at the London School of Economics suggests the music and movie industries have been exaggerating the impact digital file sharing has had on their bottom line and found that for some creative industries, copyright infringement might actually be helping boost revenues.”
“Rather than feeling liberated by the “sharing” of their work, African artists have voiced their despair at the rampant piracy their “anything goes” internet has brought upon them.”
The continent poses some serious challenges for the e-music business, including widespread piracy, relatively limited access to computers and broadband, and a lack of licensing infrastructure. Yet several enterprises, local and multinational, are giving it a go.
“While revenues rose just 0.3 per cent to $16.5-billion (U.S.), the return to growth suggests the industry is finally starting to recover from the collapse of CD sales and rampant piracy it faced over the past decade.”
“Warner Music has tried to buy EMI more than once in the past decade, but was prevented from doing so by regulators. So why would they approve a merger between EMI and the much bigger label Universal? Because of piracy, apparently. Universal claims that due to the decline in recorded music revenue EMI needs investment … Continue reading “Why Universal’s Takeover Of EMI Is Bad For Music”
