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Reply #60 posted 07/05/14 10:24am

EyeHatechu

avatar

djThunderfunk said:



V10LETBLUES said:


EyeHatechu said:
CD has better quality and richer sound. We are not talking about convenience. MP3 format on phones is just an alternative when you dont have your CD or you are in a situation where you cant use it.

No one buys CDs ant more. Why make something there s no market for is the better question.

According to Billboard:


For the year 2013, "vinyl is now 2% of album sales in the U.S; digital albums comprise 40.6% and the CD is 57.2% and cassettes and DVDs 0.2%."



http://www.billboard.com/biz/articles/news/digital-and-mobile/5855162/digital-music-sales-decrease-for-first-time-in-2013

More people bought CDs than digital albums in 2013. And that says what? wink


Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.
This Could Be Us But U Be Playin...
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Reply #61 posted 07/05/14 10:44am

Cinny

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For people WHO DO BUY THINGS, yes, CDs are still top choice.

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Reply #62 posted 07/05/14 11:22am

djThunderfunk

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EyeHatechu said:

Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.

Agreed! wink

Don't hate your neighbors. Hate the media that tells you to hate your neighbors.
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Reply #63 posted 07/05/14 11:41am

ganesh

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Absolutely not,

nevertheless, I buy news ones re masterised by himself

We make our own way to heaven everyday
"The only Love there is, is the Love we make"
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Reply #64 posted 07/05/14 2:07pm

Cinny

avatar

djThunderfunk said:

EyeHatechu said:

Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.

Agreed! wink

But... once those tangible goods are in your hands, will they replace the CDs you've listened to for 20+ years?

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Reply #65 posted 07/05/14 2:09pm

Tittypants

avatar

Cinny said:

...Once they have been replaced in the catalog by the planned reissues? hmmm

Maybe you have so much faith in the WB reissue licensing deal that you have already started getting rid of those Prince CDs? biggrin

NO. neutral

الحيوان النادلة ((((|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|)))) ...AND THAT'S THE WAY THE "TITTY" MILKS IT!
My Albums: https://zillzmp.bandcamp.com/music
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Reply #66 posted 07/05/14 2:35pm

EyeHatechu

avatar

Cinny said:



djThunderfunk said:




EyeHatechu said:


Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.

Agreed! wink




But... once those tangible goods are in your hands, will they replace the CDs you've listened to for 20+ years?


Hell no...i paid good money for those cds and I could use a spare in my car glove compartment or something if I need it.
This Could Be Us But U Be Playin...
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Reply #67 posted 07/05/14 3:40pm

eyewishuheaven

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Cinny said:

But... once those tangible goods are in your hands, will they replace the CDs you've listened to for 20+ years?

My natural inclination would be to give the old versions to friends. But given how flat they sound, it probably wouldn't be that great of an introduction. neutral

PRINCE: the only man who could wear high heels and makeup and STILL steal your woman!
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Reply #68 posted 07/05/14 4:03pm

Cinny

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eyewishuheaven said:

Cinny said:

But... once those tangible goods are in your hands, will they replace the CDs you've listened to for 20+ years?

My natural inclination would be to give the old versions to friends. But given how flat they sound, it probably wouldn't be that great of an introduction. neutral

Exactly lol "eh, here's a flat sounding copy of Lovesexy, untracked"

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Reply #69 posted 07/05/14 6:56pm

V10LETBLUES

djThunderfunk said:

V10LETBLUES said:

EyeHatechu said: No one buys CDs ant more. Why make something there s no market for is the better question.

According to Billboard:

For the year 2013, "vinyl is now 2% of album sales in the U.S; digital albums comprise 40.6% and the CD is 57.2% and cassettes and DVDs 0.2%."


http://www.billboard.com/biz/articles/news/digital-and-mobile/5855162/digital-music-sales-decrease-for-first-time-in-2013

More people bought CDs than digital albums in 2013. And that says what? wink

But that doesn't tell the complete story. Physical music sales as a whole has been in a downward spiral year after year for more than a decade. If sales are over 50%, the question is of what? 50% of losses? Even iTunes has seen a decline. So those numbers mean very little in aggregate. That's the kind of tunnel-vision that has killed the likes of Smith-Corona, Xerox and Blackberry and no one wants to go down like that.

The only bright spot is streaming. Spottify and other music streaming companies are the only ones seeing growth. That's partly why Apple bought Beats and Google followed suit and bought their own streaming business also.


..and sure there is someone out in the boondocks still selling 8 tracks, just as there are still companies selling parts for old cars. These are specialty items where there is no real money for anyone but small time players. Certainly not for the majors.

The nail in the coffin for the CD is that all car manufactures have publicly stated that they will not offer CD players in their cars after 2015. ...because people in general have their music on their iPods, iPhones and the cloud. Young people today in general do not buy oldfangled CD players. And when cars eliminate them as standard in place of modern equipment you clearly see the writing on the wall. IN BOLD LETTERS.

[Edited 7/5/14 19:04pm]

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Reply #70 posted 07/05/14 8:27pm

MIRvmn

avatar

EyeHatechu said:

djThunderfunk said:



V10LETBLUES said:


EyeHatechu said:
CD has better quality and richer sound. We are not talking about convenience. MP3 format on phones is just an alternative when you dont have your CD or you are in a situation where you cant use it.

No one buys CDs ant more. Why make something there s no market for is the better question.

According to Billboard:


For the year 2013, "vinyl is now 2% of album sales in the U.S; digital albums comprise 40.6% and the CD is 57.2% and cassettes and DVDs 0.2%."



http://www.billboard.com/biz/articles/news/digital-and-mobile/5855162/digital-music-sales-decrease-for-first-time-in-2013

More people bought CDs than digital albums in 2013. And that says what? wink


Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.

Most people I know download their music and doesn't buy any CDs anymore, there's barely and record stores left where I live, Media markt removed their CD section. And why's that? cuz no one buys CDs anymore, sure some ppl order it online it can't be that many. It's mainly older ppl who buys CDs theses days cuz they either cant handle the new technology or they refuse to move on to digital music
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Reply #71 posted 07/05/14 8:43pm

sexton

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Of course CD sales shrink every year, but to say no one buys CDs is clearly wrong. Come on now.

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Reply #72 posted 07/05/14 8:53pm

V10LETBLUES

sexton said:

Of course CD sales shrink every year, but to say no one buys CDs is clearly wrong. Come on now.

By a HUGE margin people are streaming music instead. That is something that the numbers do not tell. And yes, it was an exageration, but it is clearly an all but dead medium.

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Reply #73 posted 07/05/14 8:56pm

sexton

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V10LETBLUES said:

but it is clearly an all but dead medium.


Another exaggeration.

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Reply #74 posted 07/05/14 9:06pm

V10LETBLUES

sexton said:

V10LETBLUES said:

but it is clearly an all but dead medium.


Another exaggeration.

Nope

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Reply #75 posted 07/05/14 9:08pm

sexton

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V10LETBLUES said:

sexton said:


Another exaggeration.

Nope


Yep

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Reply #76 posted 07/05/14 9:09pm

EyeHatechu

avatar

MIRvmn said:

EyeHatechu said:


Exactly my point...People DO buy CDs...I want the final product to be tangible and in my hands.

Most people I know download their music and doesn't buy any CDs anymore, there's barely and record stores left where I live, Media markt removed their CD section. And why's that? cuz no one buys CDs anymore, sure some ppl order it online it can't be that many. It's mainly older ppl who buys CDs theses days cuz they either cant handle the new technology or they refuse to move on to digital music

All im saying is that im a very young adult and I still buy CDs and so do many other people.
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Reply #77 posted 07/05/14 9:25pm

djThunderfunk

avatar

V10LETBLUES said:

djThunderfunk said:

According to Billboard:

For the year 2013, "vinyl is now 2% of album sales in the U.S; digital albums comprise 40.6% and the CD is 57.2% and cassettes and DVDs 0.2%."


http://www.billboard.com/biz/articles/news/digital-and-mobile/5855162/digital-music-sales-decrease-for-first-time-in-2013

More people bought CDs than digital albums in 2013. And that says what? wink

But that doesn't tell the complete story. Physical music sales as a whole has been in a downward spiral year after year for more than a decade. If sales are over 50%, the question is of what? 50% of losses? Even iTunes has seen a decline. So those numbers mean very little in aggregate. That's the kind of tunnel-vision that has killed the likes of Smith-Corona, Xerox and Blackberry and no one wants to go down like that.

The only bright spot is streaming. Spottify and other music streaming companies are the only ones seeing growth. That's partly why Apple bought Beats and Google followed suit and bought their own streaming business also.


..and sure there is someone out in the boondocks still selling 8 tracks, just as there are still companies selling parts for old cars. These are specialty items where there is no real money for anyone but small time players. Certainly not for the majors.

The nail in the coffin for the CD is that all car manufactures have publicly stated that they will not offer CD players in their cars after 2015. ...because people in general have their music on their iPods, iPhones and the cloud. Young people today in general do not buy oldfangled CD players. And when cars eliminate them as standard in place of modern equipment you clearly see the writing on the wall. IN BOLD LETTERS.

[Edited 7/5/14 19:04pm]

lol lol lol

You crack me up. First with the "CDs sound like crap but MP3s sound fine" thing. Called you out, so you switch to "No one buys CDs anymore". Proved that wrong, so now you're jumping track with your arguments once again.

I get it now. You just like to say shit for the sake of argument with no regard for facts, continually switching gears when schooled. Have fun with that, I'm out... wink

Don't hate your neighbors. Hate the media that tells you to hate your neighbors.
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Reply #78 posted 07/05/14 9:27pm

V10LETBLUES

djThunderfunk said:

V10LETBLUES said:

But that doesn't tell the complete story. Physical music sales as a whole has been in a downward spiral year after year for more than a decade. If sales are over 50%, the question is of what? 50% of losses? Even iTunes has seen a decline. So those numbers mean very little in aggregate. That's the kind of tunnel-vision that has killed the likes of Smith-Corona, Xerox and Blackberry and no one wants to go down like that.

The only bright spot is streaming. Spottify and other music streaming companies are the only ones seeing growth. That's partly why Apple bought Beats and Google followed suit and bought their own streaming business also.


..and sure there is someone out in the boondocks still selling 8 tracks, just as there are still companies selling parts for old cars. These are specialty items where there is no real money for anyone but small time players. Certainly not for the majors.

The nail in the coffin for the CD is that all car manufactures have publicly stated that they will not offer CD players in their cars after 2015. ...because people in general have their music on their iPods, iPhones and the cloud. Young people today in general do not buy oldfangled CD players. And when cars eliminate them as standard in place of modern equipment you clearly see the writing on the wall. IN BOLD LETTERS.

[Edited 7/5/14 19:04pm]

lol lol lol

You crack me up. First with the "CDs sound like crap but MP3s sound fine" thing. Called you out, so you switch to "No one buys CDs anymore". Proved that wrong, so now you're jumping track with your arguments once again.

I get it now. You just like to say shit for the sake of argument with no regard for facts, continually switching gears when schooled. Have fun with that, I'm out... wink

You are the one schooled you just dont know it. Oblivious much? lol

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Reply #79 posted 07/05/14 9:32pm

djThunderfunk

avatar

V10LETBLUES said:

djThunderfunk said:

lol lol lol

You crack me up. First with the "CDs sound like crap but MP3s sound fine" thing. Called you out, so you switch to "No one buys CDs anymore". Proved that wrong, so now you're jumping track with your arguments once again.

I get it now. You just like to say shit for the sake of argument with no regard for facts, continually switching gears when schooled. Have fun with that, I'm out... wink

You are the one schooled you just dont know it. Oblivious much? lol

Right. That's why you keep changing your point every time you're proven wrong... because that's how you're schooling me.

Yep. Guess I am oblivious, then.

troll

[Edited 7/5/14 21:32pm]

Don't hate your neighbors. Hate the media that tells you to hate your neighbors.
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Reply #80 posted 07/05/14 9:44pm

V10LETBLUES

djThunderfunk said:

V10LETBLUES said:

You are the one schooled you just dont know it. Oblivious much? lol

Right. That's why you keep changing your point every time you're proven wrong... because that's how you're schooling me.

Yep. Guess I am oblivious, then.

troll

[Edited 7/5/14 21:32pm]

Yeah right. Come back here and appologise when you get a grip. Maybe read up on the topic too before you open your mouth wink

[Edited 7/5/14 21:45pm]

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Reply #81 posted 07/05/14 9:48pm

djThunderfunk

avatar

V10LETBLUES said:

djThunderfunk said:

Right. That's why you keep changing your point every time you're proven wrong... because that's how you're schooling me.

Yep. Guess I am oblivious, then.

troll

[Edited 7/5/14 21:32pm]

Yeah right. Come back here and appologise when you get a grip. Maybe read up on the topic too before you open your mouth wink

[Edited 7/5/14 21:45pm]

I don't think you understand how this works. You actually have to prove a point to school someone. lol

I proved you wrong twice. You changed track both times.

You are either slow witted or you are a troll. I don't care which. Have fun with that.

loser

[Edited 7/5/14 21:51pm]

Don't hate your neighbors. Hate the media that tells you to hate your neighbors.
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Reply #82 posted 07/05/14 10:21pm

V10LETBLUES

^

Well if you live in a bubble you will always be right huh? Iif you can't see the obvious all around you, why not do a simple Google search? You were schooled yet you still can't understand. Awww lol

http://stcommunities.straitstimes.com/music/2013/09/24/end-cd-era

BY IGNATIUS LOW

ignatius@sph.com.sg

It seems to be the season for saying goodbye.

Two weeks ago, we said goodbye to Nokia mobile phones after the Finnish telecoms giant sold the business to Microsoft.

This week, a different sort of player made its exit – one much closer to home but, for me at least, no less loved.

After struggling the past few years with huge changes to the music industry that have decimated its business, local music retailer Gramophone finally pulled down its shutters for the last time last Wednesday.

I remember visiting its store in the basement mall of Raffles Place MRT station nearly every weekend at one point, on Saturday afternoons, when it would be the only shop open in the mall, pumping out music that echoed around in the relative stillness.

The store had unique sliding CD shelves three or four layers deep that could be pulled aside, revealing further hidden gems behind them. It was also, I believe, the first serious marketplace for second-hand CDs and DVDs.

But Gramophone also had a special place in my heart because its owner and founder, Edmund Loh, married one of my close friends from junior college and university.

Success eventually brought new shareholders and a fresh infusion of capital. The company expanded and, at one point, had as many as nine stores, making it one of the largest music retailers in Singapore.

So many Singaporeans took home the store’s orange bags with a slogan that reminded people: “Without music life would be a mistake.”

Yet the industry was starting to change. Prompt and fuss-free deliveries from overseas retailers such as Amazon meant that savvy customers could get cheaper prices and a much broader range of titles.

Then, in the last few years, what started as a gradual decline in the industry suddenly turned into a freefall.

Music and movies became available online, and as broadband Internet connections became faster and faster, films and television programmes could be downloaded in minutes and music albums even quicker – in seconds.

Gramophone started cutting back its operations, closing stores until it was eventually left with just one – a sprawling music wonderland it had opened in The Cathay Mall.

In its final weeks and months, walking occasionally through the store – usually while waiting for a movie to begin – was a depressing experience.

Loud music would be playing as usual and the space near the entrance would be lined with the latest releases from the trendiest singers and bands of the moment.

But walk a little deeper into the store and you would see long aisles stacked with racks and racks of unsold cut-price CDs.

If local names such as Valentine, Supreme and Da Da ruled the era of vinyl records in Singapore, then Gramophone – together with Chua Joo Huat, Sembawang and That CD Shop – were their local counterparts in the compact disc era that followed.

To me, Gramophone’s closure now is the clearest sign yet that the CD era is well and truly over. And sadly, this is a goodbye that will be somewhat final.

The CD format will probably never be revived, ironically because of its relative perfection.

For the vinyl record is now enjoying a comeback among audiophiles and purists who love its “warmer” analogue sound that is partly a result of distortions created by scratches on the plastic and vibrations produced by turntables.

Meanwhile, a smaller but growing group of enthusiasts is reviving the humble cassette, attracted to the “flat” sound it produced and the charming imperfections in the hissing and warping of magnetic tape.

The CD, on the other hand, was just a piece of plastic to contain the digital bits and bytes that were the true innovation. These bytes allowed for an almost 100 per cent accurate reproduction of any sound that was digitally recorded.

Once technology allowed for the direct transfer of those bytes quickly and efficiently to whatever device was being used to listen to them, the “middleman” – CDs – would technically become irrelevant forever.

That day has now come. Now, even the most expensive audio systems to be used at home are being sold without CD players.

I have a six-disc CD changer in the car but I haven’t used it much in the three years I have had it, because I can plug my iPod with its library of 10,000 songs into the stereo. In fact, I have completely stopped buying CDs altogether.

As a result, my collection of about 4,000 CDs, still lovingly displayed in shelves in my front hall, has turned into a museum of sorts – an exhibit that chronicles my obsession with music for 25 years, from late 1987 when I bought my first CD (Sting’s Nothing Like The Sun) to last year when I bought my last (probably The xx’s Coexist).

I don’t know if I will miss CDs.

The artwork and sleeve notes on their tiny booklets were a let-down from that which adorned the beautiful large-format vinyl records that preceded them.

And, at least initially, the cold hard and impersonal plastic jewel cases that contained the discs also limited options for creative packaging.

And they didn’t smell of anything. In contrast, walking into a vinyl record store was always a slightly giddying olfactory experience that sent your pulse racing with excitement.

Yet CDs revolutionised music buying in their own quiet way.

Thanks to CDs, for instance, more music buyers could sample more music at listening posts, instead of asking shop assistants to play them on the store turntable.

Twisting my neck for hours to look through racks of horizontally-arranged CD spines, and the temporary blindness from looking at such small font are health hazards that I will no doubt fondly reminisce about in time to come.

The day the news of Gramophone’s closure was carried in the papers, there was another story about a special feature that will mark the coming Deepavali light-up in Little India.

The streets, it seems, will be adorned with thousands of shiny CDs – a chilling testament to how things have changed.




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Reply #83 posted 07/05/14 10:23pm

jjhunsecker

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SoulAlive said:

when a remaster is done correctly,the sound can be incredible! You'll hear certain things in the music that you never noticed before.

Very true , There are great remasters (such as The Beatles or the Stones Abcko catalog or recent Elvis CDs ) that sound wonderful, and much better than previous versions

#SOCIETYDEFINESU
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Reply #84 posted 07/05/14 10:59pm

djThunderfunk

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V10LETBLUES said:

^

Well if you live in a bubble you will always be right huh? Iif you can't see the obvious all around you, why not do a simple Google search? You were schooled yet you still can't understand. Awww lol

http://stcommunities.straitstimes.com/music/2013/09/24/end-cd-era

Yeah, and the Billboard info I posted was from a google search, too. Hmmm, it still says that CDs were 57% of music sales in 2013, no?

Why do CDs threaten you so much anyway? Go ahead and be 100% digital and don't worry that those of us that like to collect physical copies will still be able to do so for years to come. We're not trying to take your digital files away from you. I'm sure the convenience of the cloud is more fun than collecting anyway...

lol lol lol

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Reply #85 posted 07/05/14 11:23pm

Adorecream

Beacuse I live in New Zealand which is like the ass end of the world, when it comes to distributing music by Prince, I am holding on to all mine and every other piece of music I have in a dead format (Vinyl, Tape and video cassette).

.

Its doubtful if we will get any of the remastered versions and even more doubtful if I complete them. I am also not that willing to fork out for something I have because of some new liner notes and remastered sound. I want bonus traxs and extras, before I buy.

.

Plus its likely that my computer will have a fatal crash that it won't recover from or the digital formats I have my Prince colection on will eventually no doubt become obselete and it will need to be transferred to a newer format. I have had 3 fatal crashes since 2009 and each time I have had to reload all the music on to a flashdrive or a hard drive. o its vital my CD's stay in tact. If anything I will buy more CD's of anything I don't have.

.

I need to replace some too, as until 1997, it was common that a lot of earlier and cheaper CD players would skip on CD's and the CD's affected skip on the middle to end parts despite the quality and technology of the player you have now. So replacing inferior quality CD's is a priority, plus I notice many pre 1997 CD's by trend (Chart) and Black artists we bought here were on inferior quality discs that wore out after a few hundred listens.

Got some kind of love for you, and I don't even know your name
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Reply #86 posted 07/06/14 3:17am

Adorecream

In fact if anything, I am buying more CD's nopw than ever for the simple reason they cheap. I mean back in the 90s a new release CD cost $30 -$37 here, and even a mid price/Catalogue one cost $18 - $25. Back in the day, a CD was 2 or 3 weeks pocket money and a good chunk of my early pay packets.

.

Now I can go to JB's hi fi and pay no more than $10 for any CD, and many cost $5 or less. When MJ died I got Off the Wall and Invicnible for $7 each, I bought new copies of Purple Rain and Lovesexy (The original untracked version) for $6.90 and $7.90 each.

.

If CD's were that cheap a long time ago, I would have bought more. Berfore I went to Europe I replaced my broken and missing copies of Whitney and Mariah's greatest hits for $10 each for 2CD sets. Plus the CD's I buy now don't skip and get worn out, as they are played only a few times, mainly as I commit them to flash drive.

.

The only CD's I need now are for Newpowersoul, Chaos and Disorder and Goldnigga and my Prince set is complete. I got For You last year for $8 and a bought a copy of The Gold Experience on Trademe (Kiwi ebay) last year for 7.95 plus $2 shipping.

.

Rather than tossing out your old CD's, I would say buy them, as they are cheap and with all these fools tossing them out or wanting the new remasters (Which will be $10 a pop in a year or so) there will be a glut of them on the market.

.

I know it looks dumb paying for them, when you can download a bootleg for pennies, but I like the original feel of the music as it was in the 80s and 90s with original slicks and knowing its a geniune article. After all many of my CD's are from the 90s, either as new albums released then (Symbol, Black (94 Re release), Come, Emancipation etc) or copies of 80s albums bought in the 90s, like SOTT.

Got some kind of love for you, and I don't even know your name
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Reply #87 posted 07/06/14 8:08am

callimnate

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You have JB HiFi in NZ!!?? cool

And you SHOULD hold on to your NZ releases, as they are rare as!! wink
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Reply #88 posted 07/06/14 8:37am

sexton

avatar

djThunderfunk said:

V10LETBLUES said:

^

Well if you live in a bubble you will always be right huh? Iif you can't see the obvious all around you, why not do a simple Google search? You were schooled yet you still can't understand. Awww lol

http://stcommunities.straitstimes.com/music/2013/09/24/end-cd-era

Yeah, and the Billboard info I posted was from a google search, too. Hmmm, it still says that CDs were 57% of music sales in 2013, no?

Why do CDs threaten you so much anyway? Go ahead and be 100% digital and don't worry that those of us that like to collect physical copies will still be able to do so for years to come. We're not trying to take your digital files away from you. I'm sure the convenience of the cloud is more fun than collecting anyway...

lol lol lol


His post about some guy who saw his favorite music store in Singapore shut down doesn't trump facts. Here are more facts showing that, yes streaming is the future--we're all agreed on that I think--but the CD format won't be dead anytime soon either:

CDs Refuse To Die, And That's Bad For The Music Business

The 2013 global music industry revenue numbers are out courtesy of the IFPI (International Federation of the Phonograph Industry – an outdated name if there ever was one), and streaming is now a huge part of not only digital sales, but all music sales. According to its latest Digital Music Report, streaming and subscription services climbed 51% last year, which accounted for $1 billion, over 27% of the total digital music revenue. When downloads are taken into consideration, digital music totaled $5.87 billion in 2013, up from $5.63 billion the previous year, despite download revenues dropping 2.1%.

While streaming and subscription appear to be the immediate destiny of the music business, the physical product side of the business refuses to die. Despite predictions that the CD format would be just a memory by now, physical sales of $7.73 billion still made up 51.4% of the total global revenue. Granted, that amount was down 11.7% from the previous year, but a $7+ billion business segment is still substantial by any measurement you want to use. In fact, it’s decreasing at a much slower rate than anyone ever predicted, and actually even grew by 0.8% in France.

All that said, total global recorded music revenue fell by 3.9% last year to $15 billion, most of which was due to a stagnant and slowly changing Japanese music economy, the second largest music market in the world. Japan still centers mainly around physical product, which took a big sales hit last year, while its digital sales have yet to gain much traction. Japan, along with South Korea, was dominated by local artists, who held the top 10 sales positions for the year. It’s not known if that might somehow be a factor in the 16.7% sales slump that occurred in 2013, but it does show that Japanese music consumers are beginning to exhibit their preference for other types of music delivery.

The fact of the matter is that streaming music (including via YouTube) is the future of the music business. With only 28 million worldwide paying subscribers, there’s still plenty of room for growth. But an underlying problem exists, which is the fact that physical product is still a huge enough part of the business that the industry still depends on it, yet it doesn’t appear to have a strategy for transitioning to a time when it won’t exist. For too long the music business as a whole has quietly tagged along on whichever path the tech industry has decided to take it, and it has ceded more and more of its control of the distribution chain as a result.

That being said, streaming services haven’t done a great job of marketing either. It’s rare to see an advert that extolls the benefits of having a huge number of songs at your fingertips anytime and anywhere. Too many times, a service seems to be marketing more against a competitor rather than mining the market for new customers to accelerate its growth trajectory.

Until a cogent industry strategy for the future appears, we’ll continue to see stagnant growth as we saw this year, with the industry revenue declining by 0.1% if you discount the Japanese numbers. There’s plenty of music consumers out there, and their passion and desire is just as high as it ever was in the past. The music production side of the business now has to coordinate with the music delivery side in order to see the market expand the way so many predict. If that doesn’t happen, there’ll be quite a few more stagnant years before we see the financial pot grow any larger.

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Reply #89 posted 07/06/14 8:55am

purplethunder3
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New technology can't change the fact that physical back up is needed at some point; until current digital backup systems improve, I'm hanging on to my CDs.

"Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything." --Plato

https://youtu.be/CVwv9LZMah0
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