April 25, 2013

Business Matters: Why Are Track Sales Down in 2013?

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(from billboard.biz, April 23, 2013)  While digital album sales are up 9% this year, U.S. track sales are down 2%.  This is the first year track sales might show a year-over-year loss, but throughout the years, the rate of track sales growth has fallen sharply.  Since iTunes launched in 2003, people are less likely to […]

March 27, 2013

Digital Music,the African Way

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(from New York Times, March 24, 2013)   The music business recently celebrated a breakthrough in the form of its first revenue growth since 1999, but Africa was unable to join the party.  Digital music has been responsible for the improvement in the industry’s brighter overall outlook, but has failed to catch on in most of […]

March 7, 2013

ASCAP Royalty Payments Rise

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(from Billboard, March 9, 2013)  The American Society of Composers, Authors and Publishers (ASCAP) collected $941 million in revenue last year, which is down from the $982 million that was collected in 2011.  Royalty payments, however, increased a slight $3 million, up from the previous year.  The decline in revenue was due to royalty payment […]

November 8, 2012

Video Is The Word

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(from Billboard Magazine, November 10, 2012)  Have you ever visited YouTube to check out your favorite artists’ music video and end up watching a lyric video instead of the official video?  Many YouTube users will rip audio and make their own music video to post on the video-sharing website.  Lyric videos are getting more attention […]

September 13, 2012

Betting Big on Music

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(from Billboard Magazine, September 8, 2012)  After hitting an all-time low in revenue, casinos have started focusing their strategy on something else–entertainment.   Nevada Gaming Control Board reported that the total income in the country’s casino capital, Las Vegas, has dropped more than 10% from that in the ’90s.  An increase in the entertainment industry has […]