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  • Music Business Is Making Money Again

    From CNet

    "US sales from streaming music were up 8.1 percent to $3.4 billion in the first six months of 2016 compared with the same period last year, a music industry trade group said Tuesday. In the first half of 2015, revenue was down 0.5 percent.

    "This shift marks the best growth since the late 1990s, according to a Recording Industry Association of America report (pdf).

    "Consumers have been moving away from buying music outright to paying for tunes with an all-you-can-eat subscriptions. Those $10 monthly memberships -- from the likes of Spotify, Apple Music and Tidal -- have reached enough scale to drive the recording industry's best growth since the height of the CD. The first half of 2016 averaged more than 18.3 million music subscriptions, doubling the 9.1 million reported at the same time last year, the group said."

    Full article at https://www.cnet.com/news/spotify-ap...owth-in-years/

    The Mandolin Picker

    "Bless your hearts... and all your vital organs" - John Duffy

    "Got time to breath, got time for music!"- Briscoe Darling, Jr.

  • #2
    So the next question is whether artists are making money again...
    Simplicity, my new album project, is now streamable from my YouTube channel.

    Subscribe, like, and share the links!

    Comment


    • #3
      Originally posted by Mandolin Picker View Post

      "Consumers have been moving away from buying music outright to paying for tunes with an all-you-can-eat subscriptions. Those $10 monthly memberships -- from the likes of Spotify, Apple Music and Tidal -- have reached enough scale to drive the recording industry's best growth since the height of the CD. The first half of 2016 averaged more than 18.3 million music subscriptions, doubling the 9.1 million reported at the same time last year, the group said."
      Oy! such a business! Somebody is making money there, but I'll bet it's not anybody who is actually making, writing, arranging, or composing music.

      --
      "Today's production equipment is IT-based and cannot be operated without a passing knowledge of computing, although it seems that it can be operated without a passing knowledge of audio." - John Watkinson, Resolution Magazine, October 2006
      Drop by http://mikeriversaudio.wordpress.com now and then

      Comment


      • #4
        For the music business, this should be very good news, for music fans, not so much. As music 'fans' are no longer 'buying' music but rather 'renting' music, the music business has a steady income stream. This seems to be following the same pattern that we have seen with things like 'NetFlix' which moves the user away from ownership. Whether it is music, movies, books, cars or houses, it will ultimately be a bad thing for the average consumer, as it puts too much control (and power) in the hands of a few.
        The Mandolin Picker

        "Bless your hearts... and all your vital organs" - John Duffy

        "Got time to breath, got time for music!"- Briscoe Darling, Jr.

        Comment


        • #5
          Originally posted by Anderton View Post
          So the next question is whether artists are making money again...
          My first thought exactly!
          **********

          "Look at it this way: think of how stupid the average person is, and then realize half of 'em are stupider than that."

          - George Carlin

          "It shouldn't be expected that people are necessarily doing what they appear to be doing on records."

          - Sir George Martin, All You Need Is Ears

          "The music business will be revitalized by musicians, not the labels or Live Nation. When the musicians decide to put music first, instead of money, the public will flock to the fruits and the scene will be healthy again."

          - Bob Lefsetz, The Lefsetz Letter

          Comment


          • #6
            Originally posted by Mandolin Picker View Post
            For the music business, this should be very good news, for music fans, not so much. As music 'fans' are no longer 'buying' music but rather 'renting' music, the music business has a steady income stream. This seems to be following the same pattern that we have seen with things like 'NetFlix' which moves the user away from ownership. Whether it is music, movies, books, cars or houses, it will ultimately be a bad thing for the average consumer, as it puts too much control (and power) in the hands of a few.
            But while many fans don't realize it, this has always been the case. We've never "owned" the music; we just license it. The same was true during the CD and vinyl eras.
            **********

            "Look at it this way: think of how stupid the average person is, and then realize half of 'em are stupider than that."

            - George Carlin

            "It shouldn't be expected that people are necessarily doing what they appear to be doing on records."

            - Sir George Martin, All You Need Is Ears

            "The music business will be revitalized by musicians, not the labels or Live Nation. When the musicians decide to put music first, instead of money, the public will flock to the fruits and the scene will be healthy again."

            - Bob Lefsetz, The Lefsetz Letter

            Comment


            • RoadRanger
              RoadRanger commented
              Editing a comment
              Oy Vey - you don't know how the premium streaming services work. You can play what you want when you want - as long as you are "connected".

            • Mandolin Picker
              Mandolin Picker commented
              Editing a comment
              Until they decide they no longer want to carry that particular song, movie, whatever.

            • RoadRanger
              RoadRanger commented
              Editing a comment
              Then you can still buy it from Amazon or iTunes or ? Or get out your eye-patch and get it elsewhere like most do these days .
              Last edited by RoadRanger; 09-21-2016, 03:17 PM.












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