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Music piracy down as labels show first revenue growth since


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Posted

Taken from: http://arstechnica.com/business/2013/02 ... ince-1999/

Global music revenue reaches $16.5B

Back in 1999, global recorded music revenue was at $38 billion—and it’s been falling ever since.

But that figure is on the rise again for the first time in over a decade. The International Federation of the Phonographic Industry (IFPI) reported Tuesday that its 2012 global recorded music revenue is up 0.3 percent over 2011, reaching $16.5 billion.

Or as the New York Times put it: “Last year, however, digital sales and other new sources of revenue finally grew significantly enough to offset the continuing decline in CD sales.”

Not surprisingly, revenues from legal, digital services continue to rise rapidly—up 9 percent in 2012 over 2011. The IFPI also noted that legal digital music services are available in over 100 countries—just two years ago, download and subscription services were only available in 23 countries.

Industry analysts from the NPD Group also have good news for the RIAA, reporting in the Annual Music Study 2012 that “illegal music file sharing declined significantly in 2012” in the US. According to NPD, the number of consumers using P2P services to download music fell 17 percent in 2012. Similarly, it said that the volume of “illegally downloaded music files from P2P services also declined 26 percent.”

As we’ve long suspected, the more easy-to-use, reasonably priced alternatives there are, the less likely it is that people will turn to unauthorized sites and services.

“At the beginning of the digital revolution it was common to say that digital was killing music,” Edgar Berger, chief executive of the international arm of Sony Music Entertainment, told the Times. “The reality is that digital is saving music.”

Posted

sadly the dance world is a different beast. still a lot of piracy with the big tracks and well know artists. i feel like some weeks all i do is find links and email share sits to take stuff down.

Posted

Yer that would suck Tomy, it's disappointing how much piracy there still is out there.

Especially for someone small (in the scheme of the entire music world on the web) like yourself trying to run a label as well as getting your own tracks signed, must be very frustrating

Posted

I think it's a bit harder to download music without the freedom of p2p networks like limewire. Torrents don't seem as effective to what limewire use to be and I think with the simplicity of iTunes people are realizing it's easier to just but a good quality song rather than hunting a bad quality song. A lot of interaction like novas fresh 40 probably plays a part in this as well. I'm not gonna call myself an expert in this but I think iTunes is probably saving the industry a little

Posted

you would be kidding yourself if you didnt think pandora and spotify havnt played a role in reducing piracy. Its now so much easier to load up a pandora/spotify playlist which not only streams all your music for free (or a small fee to cut out the ads), but automatically matches similar artists which allows you to listen to your favourite tunes and discover new artists in an easier way than pirating (which is good thing)

as tomy has stated though, streaming has very little to do with tracks to play out, so unfortunately the scumbag djs who pirate all their their tracks for their set list are still gonna be scumbag pirates :(

Posted
Yer that would suck Tomy, it's disappointing how much piracy there still is out there.

Especially for someone small (in the scheme of the entire music world on the web) like yourself trying to run a label as well as getting your own tracks signed, must be very frustrating

yeah it sucks finding all this and sending letters for 2 labels and also myself as an artist.

but it can be a vicious cycle, as an EDM artist these days unless your in the big time you dont earn too much from gigs and shit so trying to save dosh you zippyshare the shit out of everything. then you're just taking money away from someone else.

for me i started dj-ing with vinyl and did so for a few years so i was somewhat used to paying $20 for one song, now its like $2 and no one wants to pay for it. blows my mind.

Posted

I pirate shit commercial music and buy all the good stuff.

Its probably easier to pirate now than it used to be, zippyshare etc are are better and easier than the likes of limewire were

Posted
I pirate shit commercial music and buy all the good stuff.

Its probably easier to pirate now than it used to be, zippyshare etc are are better and easier than the likes of limewire were

Exactly what I do.

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