Shrinking Big Music catalogues
p2pnet.net News:- Alex Malik is a former ARIA (Australian Recording Industry Association) in-house lawyer and ex-senior legal officer at the Australian Communications Authority, Canberra. And he’s had an interesting thought on why his analysis of new music released in Australia between 2001 and 2004 found a 30% fall in CD singles released.
"Although the number of music DVDs doubled in this period, it was not enough to counter the decline in CD variety, and overall the number of music products released fell by 43 per cent," says a story in the Sydney Morning Herald.
But, Malik argues, a reduction musical choices, not p2p file sharing, is to blame and, "Record company mergers that took place this year will mean choice is further narrowed as artists are culled from labels, he said."
He’s also quoted as saying Aussie record companies are under greater pressure to meet profit targets set by head offices overseas and are "largely concerned about the bottom dollars rather than choice for the consumer".
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See:-
DVDs doubled - CD retailers advocate nice’n’safe, Sydney Morning Herald, December 30, 2004
January 6th, 2005 at 6:24 am
Seems to me, that if there is a ‘cd’ of a recording, as well as a ‘dvd’ version of the same recording, that the ‘dvd’ version is the one that the general population will want.
The ‘dvd’ version usually offers a wider variety of outtakes, videos, and background information about how the whole production happened.
And the ‘dvd’ is roughly the same price as the ‘cd’.
Kinda like a selling a scooter when you could have a car for 2 bucks more!
January 6th, 2005 at 9:16 am
As much as releases per year is shrinking, im really surprised that the profit margin and sales percentage per year hasnt shrunk the same magnetude.
They recording “industry” are very lucky.
January 7th, 2005 at 4:03 am
So quantities of new releases have dropped … what about the quality of new releases. I’ll scream if I see another pop idol/pop star/making of a band/5 minute wonder.