Recorded music industry made $7 billion in 2015.
Apparently music is still being bought by older adults who don't know how to use sharing sites
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| Recorded Music Profits Way Up https://mail.karaokescene.net/forums/viewtopic.php?f=26&t=33823 |
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| Author: | jdmeister [ Thu Mar 24, 2016 11:48 am ] |
| Post subject: | Recorded Music Profits Way Up |
Recorded music industry made $7 billion in 2015. Apparently music is still being bought by older adults who don't know how to use sharing sites
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| Author: | chrisavis [ Thu Mar 24, 2016 11:57 am ] |
| Post subject: | Re: Recorded Music Profits Way Up |
They made 7 billion in 2014 too. How are they "way up"? http://www.ifpi.org/facts-and-stats.php GLOBAL RECORD INDUSTRY INCOME DROPS BELOW $15BN FOR FIRST TIME IN DECADES http://www.musicbusinessworldwide.com/g ... n-history/ New Music Industry Revenue Figures Show an Illusion of Stability http://www.forbes.com/sites/billrosenbl ... 0fa8fe1b45 |
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| Author: | chrisavis [ Thu Mar 24, 2016 11:59 am ] |
| Post subject: | Re: Recorded Music Profits Way Up |
This is even more telling....... Attachment: charted.png [ 46.59 KiB | Viewed 18115 times ] |
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| Author: | c. staley [ Thu Mar 24, 2016 12:48 pm ] |
| Post subject: | Re: Recorded Music Profits Way Up |
In 1999, most music was "shipped" on a cd and there is a big difference between "revenue" and "profit." I'm sure that after costs, "shipping" a bunch of music via the internet (download) is much more "profitable" even if revenues are less. |
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| Author: | chrisavis [ Thu Mar 24, 2016 1:19 pm ] |
| Post subject: | Re: Recorded Music Profits Way Up |
Understood. I don't think anyone believes that their profits are the same with 50% less revenue though. The execs are still making good money, but not like they used to. Here is a lot more detail from the RIAA - https://www.riaa.com/wp-content/uploads ... ntData.pdf |
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| Author: | dvdgdry [ Thu Mar 24, 2016 3:05 pm ] |
| Post subject: | Re: Recorded Music Profits Way Up |
'Creative accounting' , 'lawyer doublespeak' and dry wall texture cloaks much sin. I bet they made more. |
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