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GetJar Reveals That Mobile Apps Will Outsell CDs by 2012

GetJar Reveals That Mobile Apps Will Outsell CDs by 2012

press release

The global mobile apps economy is set to be worth $17.5billion by 2012, according to an independent report commissioned by GetJar, the world’s second largest app store. Mobile app downloads across all types of handset are also expected to increase from over 7 billion downloads in 2009 to almost 50 billion in 2012 – [...]

Record industry hits back at ‘myth’ of go-it-alone stars

Record industry hits back at 'myth' of go-it-alone stars

google

Record industry bosses hit back Tuesday at the “myth” that musicians no longer need them to become successful, insisting the Internet can help raise their profile but cannot make them stars. The success of the Arctic Monkeys, the band who made their name through fan websites, and Radiohead’s decision to release an album for free [...]

Global music industry in numbers

Global music industry in numbers

guardian.co.uk

International music industry group the IFPI estimates that in 2009 “physical” music sales (CDs etc) were $11.6bn (£7.1bn), with digital sales of $4.2bn, making total sales $15.8bn.
• Compared with 2008, physical music sales declined 16%. Digital sales grew by 12%, but that was down sharply on 25% growth in 2008. The overall market declined 10%.
• [...]

Music Sales Increase In Sweden For First Time Since 2000

Music Sales Increase In Sweden For First Time Since 2000

torrentfreak

IFPI Sweden are celebrating after new statistics reveal that in 2009, music sales were up for the first time in nearly a decade. Digital sales have increased rapidly, with revenues from streaming services such as Spotify increasing impressively. Even physical CD sales showed a modest increase over the previous year.
In recent years, Sweden has become [...]

IFPI Accidently Debunks Music Sales Claims for Canada?

IFPI Accidently Debunks Music Sales Claims for Canada?

zeropaid

New statistics from the copyright industry was released recently, but with all of the claims on how music sales are falling, comparing one statistic from Canada and one statistic from the global figures appears to have painted a very interesting new picture on the Canadian music marketplace for the copyright industry.
The latest statistics were promoted [...]

Prosecution calls for Pirate Bay founders to be jailed

Prosecution calls for Pirate Bay founders to be jailed

nme

The prosecution in the trial of the founders of torrent website The Pirate Bay has asked the court to jail the four defendants for one year.
Addressing the court in his closing summery, Prosecutor Hakan Roswall said that the founders of the site should be punished because they are guilty of copyright infringement.
He said that despite [...]

Opinion: Why Piracy Is Not Actually A Problem For The Music Industry

Opinion: Why Piracy Is Not Actually A Problem For The Music Industry

techdirt

TorrentFreak is running a great guest post from someone responding to the IFPI’s laughable claim that unauthorized file sharing is the root cause of the recording industry’s problems these days. That’s simply not true. The post does a good job laying out the details on eight other reasons why the recording industry is in trouble [...]

IFPI boss at TPB trial: you’re either with us or against us

IFPI boss at TPB trial: you're either with us or against us

Nate Anderson
arstechnica.com

The head of worldwide music trade group IFPI took the stand at The Pirate Bay trial today, saying that search engines are either “partners” or “opponents.” Google is a “partner” and an IFPI team works with the search engine every day to limit access to illegal content. The Pirate Bay, not surprisingly, is an [...]

Starting on a low note

Starting on a low note

THE music industry has always claimed it is immune to recession. But this time it’s different, warns Sandy Monteiro, chairman of the Recording Industry Association of Malaysia (RIM).
“This current situation is unprecedented. This economic slowdown is far bigger than we’ve ever seen before. It would be foolish to think that any industry, including music, is [...]

Spanish music biz falls 10% in 2008

Spanish music biz falls 10% in 2008

Spain’s music market continued to slump in 2008, falling by 10.4% in combined physical and digital sales value to 254.4 million euros ($338 million).
An 8.1% increase in digital sales to 29.2 million euros ($38.8 million) was not enough to make up for a 12.4% fall in physical sales to 225.2 million euros ($299.3 million), according [...]

Mobile Music To Grow To $16.8 Billion In 2013

Mobile Music To Grow To $16.8 Billion In 2013

Strategy Analytics has issued a report predicting the mobile music market will grow from $10.6 billion in 2008 to $16.8 billion in 2013. Last week the International Federation of the Phonographic Industries (IFPI) released a report indicating that global revenues for digital music grew by 25 percent last year to $3.7 billion, the difference being [...]