Login / Register
 
Music industry grew last year for the first time since 1998
Closed
Subscribe
theveiv
Thread Starter
#1
27th February 2013
Old 27th February 2013
  #1
Gear maniac
 
theveiv's Avatar
 
Joined: Oct 2012
Location: Montreal, Quebec
Posts: 237

Thread Starter
theveiv is offline
Music industry grew last year for the first time since 1998

I just read an article that basically states the industry is on the up, sorta.


Here's the link: The music industry grew last year for the first time since 1998 – Quartz


Here's what it reads:

"The International Federation of the Phonographic Industry, a music industry trade group dating back to 1933, released its annual overview of the state of the business today—and the news is surprisingly good. In 2012, worldwide revenue growth from digital music outpaced the ongoing collapse of CDs, LPs, and other physical media, meaning that overall sales grew for the first time since 1998.

Revenue from digital music last year totaled $5.6 billion, while physical music brought in $9.4 billion.

According to the report, digital music has benefited most from the advent of subscription services, such as Sweden-based Spotify, that allow users to stream an unlimited number of songs for a fixed fee. Subscriptions to such services grew 44% in 2012 from the previous year. But musicians continue to complain that they see just fractions of a cent each time their songs are played."
__________________
Rig: Mac Pro, Pro Tools HD Native, Lynx Aurora 16, JBL 6328s, JBL LSR4312SP, Coleman, A-Designs Hammer, Alan Smart C2, Purple MC77, BAE 1073s, BAE 10DCs, Kush Clariphonic, UA Solo 610, Waves, Lexicon, etc.
1
#2
27th February 2013
Old 27th February 2013
  #2
Lives for gear
 
Aint Nobody's Avatar
 
Joined: Nov 2010
Posts: 2,910

Aint Nobody is offline
Not surprising. Those services have proven to be less of a hassle for people than dealing with torrents. Path of least resistance. As a result, they're becoming big business... all while slowly shedding the pretense of being something other than a play what you want when you want music library.

There is no possible model for such a thing where they could pay any more than a fraction of a penny per play. Exactly how much makes sense all around hasn't fully been sorted, but there are certainly a lot of people looking at the model backwards. People often play the same song many times in a single day... day after day. Not comparable to a purchase download in any way. If I owed Tower of Power $1 every time I played one of their songs from a cd I purchased, I'd be into them for 6 figures.

Fact is, it's the way the music business is headed, so it would make more sense to work with the tide and figure out how to make it work... and yes, that includes discussion of an equitable payment structure.
__________________
.

https://soundcloud.com/AintNobodyMusic/aint-nobody-sample

https://soundcloud.com/aintnobodymusic/get-down-sample

https://soundcloud.com/aintnobodymusic/angsmn-sample

https://soundcloud.com/aintnobodymusic/do-what-you-love-sample

AINT NOBODY album is DONE!!! Videos now in production.

Want music and videos BEFORE their official release dates?

PM me for your private password invitation and BE FIRST!
#3
27th February 2013
Old 27th February 2013
  #3
Gear interested
 
Lem0n's Avatar
 
Joined: Nov 2008
Location: Vasa, Finland
Posts: 25

Lem0n is offline
Yeah, saw that earlier today too. Intresting!

If Spotify-type services are the future, could that in any way lead to better music? A disposable everyday pop-track would make a small fortune now and then stop making money, but true and honest, or timeless, music would make a big profit in the long run and never stop?
#4
27th February 2013
Old 27th February 2013
  #4
Gear addict
 
JAZJETSON's Avatar
 
Joined: Jan 2012
Location: Sac, Cali
Posts: 427

JAZJETSON is offline
whohoooo
#5
27th February 2013
Old 27th February 2013
  #5
Gear Guru
 
Joined: Jun 2002
Location: New York
Posts: 15,132

joeq is offline
even a lead ball bounces a little when it hits the bottom
2
#6
27th February 2013
Old 27th February 2013
  #6
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by joeq View Post
even a lead ball bounces a little when it hits the bottom
Ha I think this is the closest description to what is happening.
#7
27th February 2013
Old 27th February 2013
  #7
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
I personally feel people are getting too excited by this news. A 0.3% raise in an industry that has dropped 50-60% is nothing to get excited about.

Also not a fan of Spotify. Their artist cuts is a joke. Also the back room deal they did with the majors is insulting to the artists on those labels. Stock options? Really? After FB this company won't go public and because of this doesn't even care about turning a profit. They just collect investors these days and don't care about much else. But what would you expect from the person that started Napster.

Sometimes I feel the rejoice over Spotify is like when you are in a rebound relationship after a very abusive relationship. The music industry (and mostly it's fans) have latched onto Spotify as the "savior" of the music industry. I feel the only reason people feel this way is because the music industry is fighting it's way out of a very abusive relationship (piracy) and latching on to the one thing that is slightly (emphasis on slightly) less abusive.

We are a loooooonnnnnnggggggg way out of the woods. According to the article below, the company Mark Monitor still monitors 20-30 million infringements a day!!

http://www.forbes.com/sites/kashmirh...rtner=yahootix

Last edited by arrowood101; 27th February 2013 at 08:06 PM.. Reason: forgot link :)
1
#8
27th February 2013
Old 27th February 2013
  #8
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Also sense this is such a low rise. I would be curious how much this could be contributed to France's new "piracy laws," and have very little to do with streaming directly.
Tui
#9
27th February 2013
Old 27th February 2013
  #9
Tui
Lives for gear
 
Joined: Nov 2006
Posts: 5,652

Tui is online now
I worked full-time as a musician in the 80s. There were plenty of jobs, I could pick and choose. Wages were decent, sometimes even phenomenal, but never bad.

Today, there are too many musicians who compete for less work that is mostly poorly paid. Album sales are pretty much non-existent... I can't remember the last time I bought a CD - can you? A nationally successful jazz/pop musician friend of mine tells me he now gives away his CDs as promotional items...

Things are not going to get better, any time soon.
1
#10
27th February 2013
Old 27th February 2013
  #10
Lives for gear
 
Gary Ladd's Avatar
 
Joined: Apr 2007
Location: Preparing to escape New York...
Posts: 706

Gary Ladd is offline
Quote:
Originally Posted by Aint Nobody View Post
Fact is, it's the way the music business is headed, so it would make more sense to work with the tide and figure out how to make it work... and yes, that includes discussion of an equitable payment structure.
Yeah, good luck with that one

What with all the pirates going legit/mainstream and extracting their pound of flesh from the process (e.g. Spotify), unless there's some serious legislation to protect musicians/performers, I don't see the situation improving.

Quote:
Originally Posted by Tui View Post
Today, there are too many musicians who compete for less work that is mostly poorly paid. Album sales are pretty much non-existent... I can't remember the last time I bought a CD - can you? A nationally successful jazz/pop musician friend of mine tells me he now gives away his CDs as promotional items...
I bought a CD last week at an Album release party, and sold 17 at a show my band did 2 weeks ago...

#11
27th February 2013
Old 27th February 2013
  #11
ya party
 
OLDENGLISH's Avatar
 
Joined: Dec 2011
Location: LA, CALI
Posts: 76

OLDENGLISH is offline
Quote:
Originally Posted by Gary Ladd View Post
Yeah, good luck with that one

What with all the pirates going legit/mainstream and extracting their pound of flesh from the process (e.g. Spotify), unless there's some serious legislation to protect musicians/performers, I don't see the situation improving.
Those poor starving musicians! Perhaps they should have considered medical school!
#12
27th February 2013
Old 27th February 2013
  #12
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by OLDENGLISH View Post
Those poor starving musicians! Perhaps they should have considered medical school!
Well maybe they wouldn't have to consider medical school, if simple minded people and tech companies hadn't robbed the industry blind.
#13
27th February 2013
Old 27th February 2013
  #13
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by Aint Nobody View Post
Fact is, it's the way the music business is headed, so it would make more sense to work with the tide and figure out how to make it work... and yes, that includes discussion of an equitable payment structure.
Yeah keep your mouth shut and get in line works great. Going with the tide got the industry into this situation. The best thing would be for musicians to start demanding their fair share. I know a pipe dream, but in my opinion a better idea then "going with the tide."

Doubt the majors in the states would of ever made the deal they did with Spotify, if they weren't beaten down so bad by piracy.

Spotify is the equivalent of circling vultures, waiting to pick the dead body clean.
#14
27th February 2013
Old 27th February 2013
  #14
ya party
 
OLDENGLISH's Avatar
 
Joined: Dec 2011
Location: LA, CALI
Posts: 76

OLDENGLISH is offline
Quote:
Originally Posted by arrowood101 View Post
Well maybe they wouldn't have to consider medical school, if simple minded people and tech companies hadn't robbed the industry blind.
Don't even get me started with the tech companies and their superior understanding of the business market! Poor Johnny can no longer make a living off of playing his guitar,expressing himself, and living the rockstar lifestyle like we could in the good ol' 80's....now he has to learn skills that actually benefit society. What a shame.
#15
27th February 2013
Old 27th February 2013
  #15
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by OLDENGLISH View Post
Don't even get me started with the tech companies and their superior understanding of the business market! Poor Johnny can no longer make a living off of playing his guitar,expressing himself, and living the rockstar lifestyle like we could in the good ol' 80's....now he has to learn skills that actually benefit society. What a shame.
Hmm when you say superior knowledge of the business market you mean exploiting artists and not wanting to pay for content they desperately need? Guess you could say the mob has superior business knowledge also? I thought to have superior business knowledge you would actually have to make a profit?

There's very little "business" involved.

Also music has helped my life way more then FB, Twitter, etc. But hey I am not really one of those look at me types.
1
#16
27th February 2013
Old 27th February 2013
  #16
Gear addict
 
klapaucius's Avatar
 
Joined: Jun 2012
Posts: 450

klapaucius is offline
Good news.Now,I'm preparing to buy my new Ferrari!
#17
27th February 2013
Old 27th February 2013
  #17
Gear maniac
 
Joined: Dec 2012
Location: Baltimore, MD
Posts: 168

vizcities is offline
Quote:
Originally Posted by OLDENGLISH View Post
Don't even get me started with the tech companies and their superior understanding of the business market! Poor Johnny can no longer make a living off of playing his guitar,expressing himself, and living the rockstar lifestyle like we could in the good ol' 80's....now he has to learn skills that actually benefit society. What a shame.
Other than the "rockstar lifestyle" part, I actually do find this sad. I have no problem with artists getting paid a living wage for their art, as it actually does benefit society. Kinda like the old William Carlos Williams line:

"It is difficult to get the news from poems, yet men die miserably every day for lack of what is found there."
theveiv
Thread Starter
#18
27th February 2013
Old 27th February 2013
  #18
Gear maniac
 
theveiv's Avatar
 
Joined: Oct 2012
Location: Montreal, Quebec
Posts: 237

Thread Starter
theveiv is offline
i wish we were in the 80's, forever, and ever, and ever...as far as music goes.
#19
27th February 2013
Old 27th February 2013
  #19
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by theveiv View Post
i wish we were in the 80's, forever, and ever, and ever...as far as music goes.
I didn't mind the 90's too much either.
#20
27th February 2013
Old 27th February 2013
  #20
ya party
 
OLDENGLISH's Avatar
 
Joined: Dec 2011
Location: LA, CALI
Posts: 76

OLDENGLISH is offline
Quote:
Originally Posted by arrowood101 View Post
Hmm when you say superior knowledge of the business market you mean exploiting artists and not wanting to pay for content they desperately need? Guess you could say the mob has superior business knowledge also? I thought to have superior business knowledge you would actually have to make a profit?

There's very little "business" involved.

Also music has helped my life way more then FB, Twitter, etc. But hey I am not really one of those look at me types.
The artists are the smallest investors in their own music; it cost no money to write a song. To manage a well designed music distribution service that provides a large volume of music to millions of people requires an enormous investment. Musicians make what they deserve.
#21
27th February 2013
Old 27th February 2013
  #21
Lives for gear
 
Gary Ladd's Avatar
 
Joined: Apr 2007
Location: Preparing to escape New York...
Posts: 706

Gary Ladd is offline
Quote:
Originally Posted by OLDENGLISH View Post
The artists are the smallest investors in their own music; it cost no money to write a song. To manage a well designed music distribution service that provides a large volume of music to millions of people requires an enormous investment. Musicians make what they deserve.
Hmmm...so practicing (for those that have/will do it), and spending countless hours learning an art form = cost nothing?

How about the cost of equipment utilized and maintained?

How about investing your life to achieve those few moments of lightning in a bottle?

I believe you have a VERY shallow understanding of business and economics...

Money represents a store of wealth created from labor and commerce.

Just because capital was not, per se, invested to write a song (although often it is), labor always is invested.

And you may, or may not, value paying workers what they are worth, but a songwriter/performer who creates a popular song that is utilized and appreciated by millions should be, IMHO, properly compensated.

That's the way it used to be, and people that chose that path were allowed to share in society as a whole, who benefited from having escape from their humdrum lives of non-artistic expression, et al.

And yes, labels received a substantial portion of the pie based on their investments too...

Nothing justifies when vulture capitalist exploit suckers, and criminals steal/defraud those who create product, and arguing about value of the product should be directly correlated to the volume of use, not perceived subjective and arbitrary criteria based upon nothing more than opinions of what is right and wrong.
2
#22
27th February 2013
Old 27th February 2013
  #22
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by OLDENGLISH View Post
The artists are the smallest investors in their own music; it cost no money to write a song. To manage a well designed music distribution service that provides a large volume of music to millions of people requires an enormous investment. Musicians make what they deserve.
You know there were a fair amount of indie labels making decent money in the 90s right? With no distro deal. Also find the generalizations in this statement hilarious. The industry is wide, as in a lot of different sectors.


Also for the record, before 360 deals became the norm, artists had to pay for touring. Not just "writing a song."

The "well designed music distribution service" you describe are you actually referring to Spotify? Why don't you come out and actually state your point instead of beating around the bush? Spotify's chance to go public got spoiled by FB, now they are nothing but a drone of a company for silly investors to throw money at.

If that is "smart business" I got some great property to sell you!!
#23
28th February 2013
Old 28th February 2013
  #23
Gear interested
 
Joined: May 2012
Location: Los Angeles, CA
Posts: 3

vonspor is offline
Quote:
Originally Posted by OLDENGLISH View Post
The artists are the smallest investors in their own music; it cost no money to write a song. To manage a well designed music distribution service that provides a large volume of music to millions of people requires an enormous investment. Musicians make what they deserve.
wow. So songs just magically appear in spotify, no time, effort or money goes into writing/creating a song? Just like any other job, you shouldn't expect a return on the time you put into creating your product? All this time I thought you had to pay for studio time, recording, mixing, mastering etc. Turns out... It's all Free!
2
#24
28th February 2013
Old 28th February 2013
  #24
Gear nut
 
Joined: Feb 2013
Posts: 107

PoundTound is offline
I say, "look at Gotye". A relatively unknown singer/songwriter who was able to conquer the world with relatively little backing.
#25
28th February 2013
Old 28th February 2013
  #25
Lives for gear
 
Gary Ladd's Avatar
 
Joined: Apr 2007
Location: Preparing to escape New York...
Posts: 706

Gary Ladd is offline
Quote:
Originally Posted by vonspor View Post
wow. So songs just magically appear in spotify, no time, effort or money goes into writing/creating a song? Just like any other job, you shouldn't expect a return on the time you put into creating your product? All this time I thought you had to pay for studio time, recording, mixing, mastering etc. Turns out... It's all Free!
I don't think this person has ever been involved in creating professional music in his entire life.
1
#26
28th February 2013
Old 28th February 2013
  #26
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by PoundTound View Post
I say, "look at Gotye". A relatively unknown singer/songwriter who was able to conquer the world with relatively little backing.
Not that it's very relevant to the subject. Your realize Gotye was in a "successful" band before. Also was fairly well known in Australia before the recent album. Also he was signed to a label that had been around. Everyone has relatively "little backing" these days due to the drop in the industry. But calling him unknown is a little far fetched, but was a great marketing tool.
1
#27
28th February 2013
Old 28th February 2013
  #27
ya party
 
OLDENGLISH's Avatar
 
Joined: Dec 2011
Location: LA, CALI
Posts: 76

OLDENGLISH is offline
Quote:
Originally Posted by vonspor View Post
wow. So songs just magically appear in spotify, no time, effort or money goes into writing/creating a song? Just like any other job, you shouldn't expect a return on the time you put into creating your product? All this time I thought you had to pay for studio time, recording, mixing, mastering etc. Turns out... It's all Free!
That requires a larger investment and the investor gets a larger return. If a record label picks up the tracking, mixing, mastering, and marketing tab, they get a larger piece of the profit. Running a service, like itunes for example, requires a huge investment, but they also receive a large reward.
theveiv
Thread Starter
#28
28th February 2013
Old 28th February 2013
  #28
Gear maniac
 
theveiv's Avatar
 
Joined: Oct 2012
Location: Montreal, Quebec
Posts: 237

Thread Starter
theveiv is offline
To an investor (a smart one), the asset is the most important part of the machine, and in order to keep it well oiled, you must keep your asset happy, in this case, the asset being the artist. Without the artist, there is no money. It's that simple.
#29
28th February 2013
Old 28th February 2013
  #29
Lives for gear
 
Joined: Jan 2007
Posts: 1,138
My Recordings/Credits

arrowood101 is offline
Quote:
Originally Posted by OLDENGLISH View Post
That requires a larger investment and the investor gets a larger return. If a record label picks up the tracking, mixing, mastering, and marketing tab, they get a larger piece of the profit. Running a service, like itunes for example, requires a huge investment, but they also receive a large reward.
Again depends. There use to not be one model. Also now you are mentioning "legit" distributors, which I have not seen anyone having a trouble with in this thread. These "legit" companies are getting robbed just as much as the artist. So what was your point again if you have one?
#30
28th February 2013
Old 28th February 2013
  #30
Gear Head
 
Joined: Mar 2010
Posts: 31

sunnyside is offline
please everyone, don't give this man the time of day. he is very dangerous.

Quote:
Originally Posted by OLDENGLISH View Post
The artists are the smallest investors in their own music; it cost no money to write a song. To manage a well designed music distribution service that provides a large volume of music to millions of people requires an enormous investment. Musicians make what they deserve.
Closed Submit Thread to Facebook Facebook  Submit Thread to Twitter Twitter  Submit Thread to LinkedIn LinkedIn  Submit Thread to Google+ Google+ 
 
Topic:
Thread Tools
Search this Thread
Search this Thread:

Advanced Search
Similar Threads
Thread
Thread Starter / Forum
Replies
macula / Remote Possibilities in Acoustic Music & Location Recording
6
dj_who / So much gear, so little time!
25
ninjaneer / Rap + Hip Hop engineering & production
4
rodhmos / Mastering forum
7

Forum Jump

SEO by vBSEO ©2011, Crawlability, Inc.