{"id":587,"date":"2008-04-21T17:55:11","date_gmt":"2008-04-21T16:55:11","guid":{"rendered":"http:\/\/www.itwriting.com\/blog\/?p=587"},"modified":"2008-04-21T17:55:11","modified_gmt":"2008-04-21T16:55:11","slug":"cdsdvds-still-account-for-more-than-75-of-music-industry-revenue-but-shrinking","status":"publish","type":"post","link":"https:\/\/www.itwriting.com\/blog\/587-cdsdvds-still-account-for-more-than-75-of-music-industry-revenue-but-shrinking.html","title":{"rendered":"CDs,DVDs still account for more than 75% of music industry revenue, but shrinking"},"content":{"rendered":"<p>The RIAA has posted 2007 year-end <a href=\"http:\/\/76.74.24.142\/81128FFD-028F-282E-1CE5-FDBF16A46388.pdf\" target=\"_blank\">manufacturers&#8217; unit shipments and value statistics<\/a>. This covers USA music and music video sales.<\/p>\n<p>Here are my highlights:<\/p>\n<ul>\n<li>CD sales down 17.5% in units and 20.5% in value year-on-year. The peak was 2000; value is down around 44% since then (actually a smaller decline that I would have expected).<\/li>\n<li>Downloads are up 38.9% in units and 43.2% in value.<\/li>\n<li>Mobile (ringtones etc) are amazingly only 30% less by value than other digital download sales, if I&#8217;m reading the chart right.<\/li>\n<li>Revenue from physical media (mostly CDs) is more than 75% of the total.<\/li>\n<li>Overall revenue is down by 11.8% &#8211; that&#8217;s the figure that hurts the music industry.<\/li>\n<li>Finally, vinyl is up by 46% but from a small base; it&#8217;s only a tiny niche.<\/li>\n<\/ul>\n<p>Every time I look another CD shop has shrunk or closed on the high street, so I expect there will more of the same next year.<\/p>\n<div class=\"wlWriterSmartContent\" id=\"scid:0767317B-992E-4b12-91E0-4F059A8CECA8:7e27cfb8-6ca7-44e3-a7c8-99a3d5858bc2\" style=\"padding-right: 0px; display: inline; padding-left: 0px; padding-bottom: 0px; margin: 0px; padding-top: 0px\">Technorati tags: <a href=\"http:\/\/technorati.com\/tags\/riaa\" rel=\"tag\">riaa<\/a>, <a href=\"http:\/\/technorati.com\/tags\/music\" rel=\"tag\">music<\/a>, <a href=\"http:\/\/technorati.com\/tags\/multimedia\" rel=\"tag\">multimedia<\/a>, <a href=\"http:\/\/technorati.com\/tags\/downloads\" rel=\"tag\">downloads<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The RIAA has posted 2007 year-end manufacturers&#8217; unit shipments and value statistics. This covers USA music and music video sales. Here are my highlights: CD sales down 17.5% in units and 20.5% in value year-on-year. The peak was 2000; value is down around 44% since then (actually a smaller decline that I would have expected). &hellip; <a href=\"https:\/\/www.itwriting.com\/blog\/587-cdsdvds-still-account-for-more-than-75-of-music-industry-revenue-but-shrinking.html\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">CDs,DVDs still account for more than 75% of music industry revenue, but shrinking<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44,58],"tags":[],"class_list":["post-587","post","type-post","status-publish","format-standard","hentry","category-internet","category-multimedia"],"_links":{"self":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/comments?post=587"}],"version-history":[{"count":0,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/587\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/media?parent=587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/categories?post=587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/tags?post=587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}