skip to main | skip to sidebar
Notes & Quotes

Tuesday, October 29, 2013

Bad News For Songwriters

As sales of CDs plunged over the last decade, songwriters clung to one comfort: downloads continued to sell briskly as people filled their computers and iPods with songs by the billions. Now even that certainty seems to have disappeared, as downloads head toward decline. So far this year, 1.01 billion track downloads have been sold in the United States, down 4 percent from the same time last year, according to the tracking service Nielsen SoundScan. Album downloads are up 2 percent, to 91.9 million; combining these results using the industry’s standard yardstick of 10 tracks to an album, total digital sales are down almost 1 percent. After enjoying double-digit growth in the years after Apple opened its iTunes store in 2003, song downloads began to cool several years ago. But the rate of decline this year — weekly sales began to lag in February, and the drop has accelerated rapidly in recent months — has caught the business by surprise. A possible cause are streaming music services like Pandora, Spotify and YouTube. After a decade, consumers may be losing interest in buying downloads and instead turning to the streaming services, which make millions of songs available at the tap of a smartphone app, free or for a few dollars a month.


Posted by Unknown at 6:00 AM

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

CONNECTED WEBSITES

  • http://www.storyarchitekt.com
  • http://www.michaelkunze.info

Blog Archive

  • ►  2015 (4)
    • ►  January (4)
  • ►  2014 (363)
    • ►  December (32)
    • ►  November (30)
    • ►  October (31)
    • ►  September (30)
    • ►  August (31)
    • ►  July (31)
    • ►  June (29)
    • ►  May (31)
    • ►  April (30)
    • ►  March (31)
    • ►  February (26)
    • ►  January (31)
  • ▼  2013 (364)
    • ►  December (31)
    • ►  November (30)
    • ▼  October (31)
      • Never!
      • Victimized By Growing Up
      • Bad News For Songwriters
      • No Regrets
      • The Hunchback Will Ring The Bells Again
      • How To Treat Ideas
      • NewTube
      • Merrily We Go To The Cinema Theater
      • Paris!
      • Full Circle
      • Vampires
      • No Price Too High
      • The Winner Takes It All
      • The Making Of A Genius - In His Own Words
      • Let It Flow, Says Sondheim
      • Bobby Turns Gay
      • Discover Your Strength
      • Henry VIII's Admirable Daughter
      • The Choice
      • More (Good) News On Rebecca / Broadway
      • The Key To Life
      • Fair Taxes Are Fair
      • An Angry Musician
      • Latest 'Rebecca' News
      • Paris
      • Coincidence Or Destiny?
      • Solid Advice
      • ALW On Stephen Ward
      • Paul McCartney Visits Motown
      • Grateful For The Trip
      • Via Tokyo To Broadway
    • ►  September (30)
    • ►  August (31)
    • ►  July (31)
    • ►  June (30)
    • ►  May (31)
    • ►  April (30)
    • ►  March (30)
    • ►  February (28)
    • ►  January (31)
  • ►  2012 (1)
    • ►  August (1)
  • ►  2011 (62)
    • ►  March (3)
    • ►  February (28)
    • ►  January (31)
  • ►  2010 (344)
    • ►  December (31)
    • ►  November (30)
    • ►  October (31)
    • ►  September (30)
    • ►  August (31)
    • ►  July (20)
    • ►  June (19)
    • ►  May (31)
    • ►  April (31)
    • ►  March (31)
    • ►  February (28)
    • ►  January (31)
  • ►  2008 (3)
    • ►  December (3)