media

1. Research into industry.
Tayla Davis

2. An oligopoly is a market structure in which a few firms
dominate. When a market is shared between a few
firms, it is said to be highly concentrated. Although only
a few firms dominate, it is possible that many small
firms may also operate in the market.
Oligopoly

3. Column1
Warner Music Group
Sony BMG
Universal Music Group
Independent Labels
EMI Group
Oligopoly of the music industry

4. US Music sales (1/3 of worldwidesales)
2007- $10.4bn (9% down)
2006- $11.5bn
2005- $12.3bn
1999- $14.5bn
Music sales trends

5. Sales of CD’s are falling steadily due to the rise of
digitals tracks websites such as spotify. This is a
negative for the industry as they are slowly losing their
profits and value.
Piracy of music and CD burning from iTunes represents
an annual loss of $4bn
Music revenue trends

6. 45+ - 26%
15-19 – 13%
25-29 – 13&
Who’s buying CD’s?

7. (Stats for USA)
Rock – 34 %
Country – 13 %
Rap – 11. %
R&B – 11%
What is the most popular music
purchased?

8. Piracy of CDs and Cassettes.
In No.2 market, Japan, 236m CD-Rs were burned in
2002, while legitimate CD saleswere 229m.
In Spain, two out of five records were pirated.
MP3 file swapping
Competition from new forms of entertainment
including video games and DVD films
What competitor does CD sales have?