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Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
Socialmusic
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  • 1. The Changing Face of Music By: Alyssa Carroll and Jesse Grab
  • 2.
    • The digital music business internationally saw a sixth year of expansion in 2008, growing by an estimated 25 per cent to US$3.7 billion in trade value.
    • Digital platforms now account for around 20 per cent of recorded music sales, up from 15 per cent in 2007.
    • Recorded music is at the forefront of the online and mobile revolution, generating more revenue in percentage terms through digital platforms than the newspaper (4%), magazine (1%) and film industries (4%) combined.
    Digital Music Business
  • 3. Cd sale decline,rise in mp3
  • 4. MP3s
    • MP3 stands for MPEG Audio Layer III and is a standard for audio compression that makes any music file smaller with little or no loss of sound quality.
    • MP3 is part of MPEG, an acronym for Motion Pictures Expert Group
    • Timeline - History of MP3
    • 1987 - The Fraunhofer Institut in Germany began research code-named EUREKA project EU147, Digital Audio Broadcasting (DAB).
    • 1996 - United States patent issued for MP3.
    • 1999- A record company called SubPop is the first to distribute music tracks in the MP3 format.
    • 1999 - Portable MP3 players appear.
  • 5. Torrents and filesharing
    • A torrent is a file sent via the BitTorrent protocol. It can be just about any type of file, such as a movie, song, game, or application.
    • Torrents are downloaded onto computers using Torrent Clients
    • 95 % of music downloads are unauthorized, with no payment to artists and producers
    • Torrents account for approximately 27-55% of all Internet traffic (depending on geographical location) as of February 2009.
    • Top 5 most popular torrent downloading sites of 2009:
    • 1. Isohunt
    • 2. Entertane
    • 3. Torrent root
    • 4. Demonoid
    • 5. Flixflux
  • 6. World Markets in Sharing
    • The US is the world leader in digital music sales, accounting for some 50 per cent of the global digital music market value.
    • In Japan, a predominantly mobile music market, digital sales helped overall trade revenues to growth in the first half of 2008.
    • 140 million mobile singles were sold in 2008, an increase of 26 per cent on the prior year (RIAJ).
    • The UK saw the biggest increase in digital sales in the first half of 2008 among the top markets, with sales up by 45 per cent.
  • 7. Piracy
  • 8. Napster-like sites
  • 9. itunes
  • 10. Top 10 Digitally Downloaded Songs
    • Issue Date December 12, 2009
    • Rank Last Week Artist Album
    • 1 1 LADY GAGA, Bad Romance
    • 2 4 JAY-Z + ALICIA KEYS, Empire State Of Mind
    • 3 2 KE$HA, TiK ToK
    • 4 3 OWL CITY, Fireflies
    • 5 5 IYAZ, Replay
    • 6 9 THE BLACK EYED PEAS, Meet Me Halfway
    • 7 7 JASON DERULO, Whatcha Say
    • 8 8 DAVID GUETTA FEATURING AKON, Sexy Bitch
    • 9 11 BRITNEY SPEARS, 3
    • 10 10 MILEY CYRUS, Party In The U.S.A.
    • Source: Billboard Hot Digital Songs, powered by Nielsen SoundScan
  • 11. ipods
  • 12. Streaming sites
  • 13. Change in music business
    • Dropping album sales has led artists to perform more shows and make more public appearances:
    • Gross dollar sales of concert tickets increased 40% from 2008 (40% increase from 2007 to 2008)
    • Fans bought and sold tickets for over 14,000 concert events on StubHub (over 11,000 in 2008)
    • The average price of concert tickets sold through StubHub was $133 ($159 in 2008)
    • U2's 360 Tour is the highest-grossing concert tour in StubHub history
  • 14. Online promotion
    • Online band profiles like MySpace allow for easy promotion and publicity
    • Bands can distribute their music without record company help
    • Bands can use recording software to create their own CDs and demos
    • Artists like Lilly Allen and Sean Kingston were found on MySpace and given successful record deals
  • 15. Mashup artists
  • 16. ringtones

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