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People change and do their music, people trade it they do whatever and Apple makes it very possible for you to store stolen or traded songs in the cloud, they opened up the door so that that can happen… its acceptable.
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09 Feb 12
Bentley MurdockA no-nonsense approach to navigating the unpredictable, future trends of our ever-changing music industry.
music news music news music industry music business future technology blog
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Juan A. Torres IIIThe Future of Music: Visions of the Future!
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Recent Comments
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■ Online music revenue from end users will grow more than 31% by the end of the forecast period: from $5.9 billion in 2010 to $7.7 billion in 2015. By comparison, consumer spending on physical music (CDs and LPs) is expected to slide from around $15 billion in 2010 to around $10 billion in 2015.
■ Online music subscription services, such as Spotify, will be the main growth sector in this market, showing fivefold growth from 2010 to 2015. A la carte sales will drive the bulk of overall revenue.
■ The highest growth rates will be in regions such as Latin America and the Middle East and Africa, which have not historically been strong in paying for tracks or albums from online services or stores (although perhaps stronger in paid-for ringtones from their service providers).
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■ Online music revenue from end users will grow more than 31% by the end of the forecast period: from $5.9 billion in 2010 to $7.7 billion in 2015. By comparison, consumer spending on physical music (CDs and LPs) is expected to slide from around $15 billion in 2010 to around $10 billion in 2015.
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Online music subscription services, such as Spotify, will be the main growth sector in this market, showing fivefold growth from 2010 to 2015. A la carte sales will drive the bulk of overall revenue.
■ The highest growth rates will be in regions such as Latin America and the Middle East and Africa, which have not historically been strong in paying for tracks or albums from online services or stores (although perhaps stronger in paid-for ringtones from their service providers).
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The industry backed a bill, which was introduced in the US Senate this fall. The bill would shut down sites facilitating illegal downloads, and this idea that fans should actually pay for music seems to be gaining traction, both legally and among consumers.
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It won’t be easy: only one in five digital music tracks is downloaded legally.
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Musicians’ core complaint is that the illegal distribution and download of musical tracks violates intellectual property rights.
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30 Nov 10
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23 Sep 10
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Dave – I still don’t think that we have a really good solution for mobile music. Although there are many fine services like Spotify, Rdio, Slacker, and Pandora in particular that come close to being a perfect solution that is both revenue generating for the music business and appealing for the music consumers, they still operate on a radio model rather than a random access service model. Music as a service still has a ways to go.
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Over the next few years I would expect to see more digital streaming solutions refining Pandora’s business model. But licensing concerns are holding the whole industry back in my opinion, and a lot
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of change needs to happen in this space before the consumer will really benefit.
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Dave – I think Mobile applications are likely to become extremely important for musicians, as direct-to-fan marketing becomes a more and more popular approach and smart phone ownership increases. The ability to contact your fans via a device in their pocket with interactive content is an amazing communications capability that has not been exploited by musicians or marketing programs to the degree that it will be. Mobile devices will allow the music as a service model that I have been talking about for years to really take off.
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18 Sep 10
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where the digital music industry is headed
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03 Aug 09
carlos guyotDave Kusek is Vice President at Berklee College of Music responsible for managing the online music school, Berkleemusic.com. Kusek was a co-developer of the revolutionary Musical Instrument Digital Interface (MIDI), co-inventor of the first electronic dru
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15 Apr 09
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07 Mar 09
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Dave: The major labels are going to be able to sign new artists, so they will have influence. But I think the indie labels and the no-labels that artists are forming – their personal labels – are going to be just as influential. If you get a super-hot band that decides they’re going to help pioneer a new format or a new distribution vehicle, and people love the band, they’re going to pick that up. They’re going to inherit that into their life. If enough new bands do that and connect with their fans, that will matter way more than what the four big record labels do. Eventually, they’re going to come around and say, ‘Oh man, we’ve got to get on this bandwagon,’ as opposed to doing it deliberately. You can see in the last four or five years, and particularly in the last two years, that labels are willing to abandon DRM, experiment and take a little bit more of a risk in how their music is put out there, which they absolutely, categorically refused to do four or five years ago. The rest of the music world is pulling them along. The fans and the new music are pulling the bigger labels into the future, as opposed to the big labels setting the pace. I think those days are over.
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