The Official Funky Management Blog Based in the Washington, DC Metropolitan area, we are an artist management and representation company dedicated to discovering, developing and delivering exceptional talent to the world.
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Six Things To Be Optimistic About In SoundScan's Mid-Year Report -- We're Halfway Through 2012 And The
Six Things to Be Optimistic About in SoundScan's Mid-Year Report -- We're halfway through 2012 and the sales results are in: As Billboard.biz reported Wednesday and Thursday, album sales were down 3.2% and overall sales - albums plus track equivalents - were up 4%.
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#MONDAYMOTIVATION
Our greatest glory is not in never falling, but in rising every time we fall. -Confucius
#MONDAYMOTIVATION
If you can imagine it, you can create it. If you dream it, you can become it. -William Arthur Ward
This past week, I had the pleasure of moderating a panel at New Music Seminar entitled “Breakthrough Trends Of The Music Industry”. The panel was comprised of some of the brightest minds in the music business. These folks also know their statistics and where to get it. Some of them were very helpful in my popular argumentthis week about downloading.
The presentation had many amazing facts about where the music business is and where it’s heading. For one, 94% of all new releases sold fewer than 1000 copies (singles or albums). Wikipedia traffic is an accurate predictor of future sales. File trading is on the wane. Meanwhile, sales are up overall and more revenue is coming to artists and labels via SoundExchange every quarter. There’s been a lot of requests for the slides, so here is the deck presented at the panel. What’s your take on these figures?
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