Showing posts with label CD sales decline. Show all posts
Showing posts with label CD sales decline. Show all posts

Tuesday, August 6, 2013

The recorded music industry mourns a situation it largely created.

http://www.rollingstone.com/music/news/album-sales-nosedive-as-cruel-summer-rolls-on-20130806

Not mentioned in the article: chain stores such as Best Buy cutting their CD stock and giving the remainder of their physical product as unappetizing a placement as possible in each store.

After all, prime floor space is needed for the Samsung phone/tablet display.

Monday, July 13, 2009

Recent Soundscan sales figures for recorded music.

Found this on a message board on www.Prince.org. Thanks to Linus4000 for posting. These are album sales for 2009 (plus some 2008) releases as of July 5th.

Rank - Sales - TITLE - Artist 01 - 1,316,142 - FEARLESS - Taylor Swift 02 - 1,176,606 - HANNAH MONTANA: THE MOVIE - Soundtrack 03 - 1,168,750 - RELAPSE - Eminem 04 - 975,772 - THE FAME - Lady GaGa 05 - 970,526 - TWILIGHT - Soundtrack 06 - 939,000 - NO LINE ON THE HORIZON - U2 07 - 912,169 - DARK HORSE - Nickelback 08 - 824,530 - UNSTOPPABLE - Rascal Flatts 09 - 809,331 - I AM…SASHA FIERCE - Beyonce 10 - 688,898 - BIG WHISKEY AND THE GROOGRUX KING - Dave Matthews Band 11 - 630,000 - ALL I EVER WANTED - Kelly Clarkson 12 - 617,000 - INTUITION - Jamie Foxx 13 - 615,827 - 21ST CENTURY BREAKDOWN - Green Day 14 - 610,262 - NOW 30 - Various 15 - 596,000 - THE FRAY - The Fray 16 - 555,151 - ONLY BY THE NIGHT - Kings Of Leon 17 - 549,000 - WORKING ON A DREAM - Bruce Springsteen 18 - 541,000 - 808S AND HEARTBREAK - Kanye West 19 - 540,035 - THE E.N.D. (THE ENERGY NEVER DIES) - Black Eyed Peas 20 - 471,000 - FUNHOUSE - Pink 21 - 467,000 - CIRCUS - Britney Spears 22 - 463,990 - THE FOUNDATION - Zac Brown Band 23 - 455,000 - A DIFFERENT ME - Keyshia Cole 24 - 451,000 - PAPER TRAIL - T.I. 25 - 450,000 - WE SING WE DANCE WE STEAL THINGS - Jason Mraz 26 - 445,000 - DEFYING GRAVITY - Keith Urban 27 - 414,000 - LOVE VS MONEY - The-Dream 28 - 378,000 - DAVID COOK - David Cook 29 - 377,160 - LEARN TO LIVE - Darius Rucker 30 - 373,000 - LOVE ON THE INSIDE - Sugarland 31 - 371,000 - NOW 29 - Various 32 - 368,000 - IN A PERFECT WORLD - Keri Hilson 33 - 362,000 - LOTUS FLOW3R - Prince 34 - 361,000 - VIVA LA VIDA OR DEATH AND ALL HIS FRIENDS - Coldplay 35 - 360,634 - WIDE OPEN - Jason Aldean 36 - 357,000 - TAYLOR SWIFT - Taylor Swift 37 - 354,000 - 19 - Adele 38 - 351,000 - FREEDOM - Akon 39 - 342,000 - DEEPER THAN RAP - Rick Ross 40 - 329,000 - CARNIVAL RIDE - Carrie Underwood 41 - 323,000 - SLUMDOG MILLIONAIRE - Soundtrack 42 - 317,000 - THA CARTER III - Lil' Wayne 43 - 315,912 - LINES VINES AND TRYING TIMES - Jonas Brothers [/color] 44 - 315,000 - ONE OF THE BOYS - Katy Perry 45 - 311,000 - ROCK N ROLL JESUS - Kid Rock 46 - 307,000 - SCARS AND SOUVENIRS - Theory Of A Deadman 47 - 302,000 - QUIET NIGHTS - Diana Krall 48 - 300,000 - THE LAST KISS - Jadakiss 49 - 297,000 - YEAR OF THE GENTLEMAN - Ne-Yo 50 - 294,000 - MAMMA MIA - Soundtrack

Illustrates how much the music business isn't what it used to be.

Saturday, May 2, 2009

Reuters article about Coldplay's free live CD.

http://www.popeater.com/story/_a/coldplay-to-give-away-live-cd-at-gigs/n20090501130409990066?ecid=RSS0001

Nothing much to say about the above, except the first paragraph is a bit doofusy in its assertion that Coldplay giving ticketholders a free CD at their concerts this year is another chapter in "the end of the CD as we know it."

The physical CD will end if (and only if) the music industry wants it to end--as occurred with the vinyl record, the 8-track cartridge and the audiocassette.

At this time, I'm guessing that record labels are still making some $$$$ from CDs--even if they'll be primarily sold online in the near future.

Wednesday, March 4, 2009

Shortsightedness of the music business and the print media.

This motto should be tattooed on foreheads of all people involved in the recorded music and newspaper industries: NOT ALL OUR CUSTOMERS GET MUSIC AND NEWS SOLELY THROUGH COMPUTERS. IN FACT, SOME OF OUR CUSTOMERS DON'T EVEN OWN A COMPUTER.

Two articles about the closing of all Virgin Megastores by this summer: http://www.walletpop.com/article/_a/bbdp/all-virgin-megastores-in-us-to-close-by/367924
http://www.salon.com/news/brand_graveyard/feature/2009/03/12/virgin/
Rolling Stone's take (check out this week's U2-cover story mag, where a print story on Virgin claims, among other things. that Borders Books are threatening to cut music-and-DVD space by 70% and other "Big Box" chains are threatening to cut their CD stock unless CD prices are lowered further):
http://www.rollingstone.com/rockdaily/index.php/2009/03/02/all-virgin-megastores-set-to-close-as-last-big-national-music-chain-folds/

A back-and-forth on a RS comments site regarding the FYE chain closing stores:
[FYE employee]:
I’m shocked at some of these posts. I was a store manager for FYE for 7 years, my store was closed last year. You people know nothing about the cost of doing business. The stores are not making any money. When you margins are around 30% there is no money to be made.
The music industry is gone, and It will never be back. You can thank Wal-Mart, Circuit City, Best Buy and downloading.
For the idiot who posted, “charging $18.00 for a CD a bad business model.” Go kill yourself.
We are witnessing an entire industry go under. Think about all the people that have lost their jobs. The people that were in the music industry were not in for the money. They were in it because they loved music.

[rebuttal from another poster]:
Dude-I realize you were a former FYE manager, but the problem wasn’t with you: It was a bad business model. The companies that have staying power are the ones that accept change and adjust the business model accordingly. Maybe on a smaller scale..But what dipshits at the top didn’t see this coming? Lack of selection, extremely high prices on product that is the bread and butter of an industry on the verge of collapse, and a dwindling economy= no business. I hate downloading as much as the next guy. People who haven’t heard real music and prefer the shitty sound quality of an mp3 are determining the course of the industry, it’s a sad thing. I love vinyl. I’d rather buy a cd by an artist I like..But truth of the matter is, I support the small indie retailer in my town, who happens to do a booming business even on these troubled times. One of the reasons= reasonable prices. If the profit margins aren’t substantial, the company needs to find a new way of doing things…Change (even bad change) is inevitable. You have to adapt…

(Full posts can be found here: http://www.rollingstone.com/rockdaily/index.php/2008/01/18/decline-of-the-music-industry-hits-home-rolling-stone-loses-its-fye/)

And, regarding newspapers, it looks to me like a dog-chasing-tail story:
Advertising revenue declines--maybe from loss of circulation, maybe from poor economy. Corporation which owns newspaper wants to keep maximizing profits, so massive cuts in newsroom and printing staffs are made and number of pages are reduced. Public reacts negatively to lower quality of newspaper and loses interest in buying individual copies/subscriptions.

Repeat all of the above until newspaper is sold or goes out of business entirely.

To blame the poor health of the traditional newspaper mainly on the Internet and its greater facility for updating and adding news/sports/business/entertainment stories (plus the banner ads on websites) is sheer self-destructive silliness.