The last 30 years reshaped the music business in a way we never could have imagined. Music as a product changed dramatically (e.g. from LPs to MP3s) and the ups and downs in worldwide sales would make the most hardened theme park visitor queasy. Nonetheless, we have yet to experience the biggest switchback on this…
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UK Music Industry generated £3.8 billion
The Guardian newspaper reported that the British music industry contributed £3.8bn to the UK economy in 2013, according to an annual trade report. With the sector seeing a 9% growth over the year before, lobbyists called for a stronger national copyright framework to increase royalties even further. The full Guardian…
By David Goldstein
Watch the music industry's revenue sources evolve over the years. Our friends over at Business Insider posted this interesting article and chart that shows how things have changed. The CD has slowly but surely been dying with the advent of the Internet. P2P services like Napster and Bittorrent have accelerated its demise, but…
Amazon launches Spotify Competitor
eCommerce giant Amazon launched a music streaming service that will compete head-on with Spotify, Pandora, Beats Music and Apple. With its Kindle tablets, Amazon has shown its ability to sell premium content in other categories such as books, film and TV successfully to its customers. As music streaming is becoming more…
Top executives discuss the present and future issues in music licensing at MIDEM. Key trends and their impact on the music business.
Futurist Gerd Leonhard presents a rather fascinating view on the future of the music business in a digital world. Watch his keynote speech presented at MIDEM in 2012.
will.i.am how to make money in the music business
Black Eyed Peas frontman, record producer and a solo artist in his own right, will.iam shares his views on how tough it is to make money in the music business.