Digital sales boost trade delivery figures
"A 45% increase in digital sales has helped slow the decline in the UK music market to just 4% in the first half of the year.
New interim trade delivery figures from the IFPI show that of the top five music territories, the UK was the best performer digitally with sales worth $115.8m (£74.52m) already (they stood at $169.5m [£109.02m] at the end of 2007).
Thus, although physical sales slumped 10% - the UK and US markets combined accounted for a 60% loss of physical sales globally - in the same period, the digital growth prevented a total collapse." [MusicWeek]
Labels and Risk Avoidance
"At Musexpo an A&R panel decried the lack of good albums being brought to market. "We don’t make enough good records," declared Epic Records managing director. Well, if major labels release fewer albums compared to ten years ago -- which is the result of smaller staffs and lower revenues -- it stands to reason there are going to be fewer good albums released." [Coolfer]
Executives discuss industry's A&R failings at Musexpo
"A number of leading A&R men gave the music industry both barrels, as part of the Musexpo Global A&R Forum.
A strong line up of 20 – 20 president Martin Dodd, Wall of Sound founder Mark Jones, Atlantic president Max Lousada, 14th Floor Recordings CEO Christian Tattersfield, Epic Records managing director Nick Raphael and, in his first public appearance in his new role, EMI UK and America president of A&R Nick Gatfield, participated in the debate, which looked at issues such as the attributes they look for in a new artist and the 360 model." [MusicWeek]
Protecting New Releases While Monetizing a Catalog
"More thoughts on the Datz Music Lounge and how labels are now taking a different approach to selling music. Unlike mobile subscriptions that wrap up files in DRM, the Datz service offers one year of unlimited access to unprotected MP3 files for a £99.99." [Coolfer] [Billboard]
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