China in global music market - Presentation Transcript
CHINA in global music industry
By Tomas Kulbokas
GLOBAL MUSIC INDUSTRY OVERVIEW
Music industry worth $ 130 bln
Radio advertising $34bln
Physical recorded music sales 5%
Digital sales up 85 % (moblile 50% online 44%)
Apple sold about 46million iPods in 2006
in music discs sold worldwide is
China
1.3 bln 20% of world
2nd economy after US with GDP $10.2 trillion
25 years ago introduced 1 policy
China 27th by recorded music sales in world rank
US $6.5 Bln, Japan 3.5 Bln
EMI, Sony, Warner in China
Most popular genres: rock, c-pop
Chineese music influenced by Central Asia and West
China accounts for biggest piracy in the world
KEY MUSIC TRENDS IN CHINA
Piracy in China
Over 90% distributed music is illegal
China account for 90% distributed CD in EU
Baidu.com is most popular search website
Physical piracy value in China $410mln
IFPI judge Yahoo! China 2007
Frances Moore, IFPI Regional Director for Europe, said: “ These statistics underscore the urgent need for the EU to step up pressure on China before the WTO. China is producing and exporting millions of pirate products around the world. This has to stop .”
Music repertoire in China
Domestic repertoire in China declined from 47% in 2002 to 13% in 2006
International 78%
Classical 9%
US steady Domestic repertoire 93%
UK 45%
Possible influence by internet
China has 137mln internet users
Conclusion
China - attractive market
Increasing middle class
Piracy growth must be stopped
Global music market is going digital
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