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Plunge in CD Sales Shakes Up Big Labels
NYTimes via Drudge ^ | May 28, 2007 | JEFF LEEDS

Posted on 05/28/2007 5:23:23 AM PDT by WL-law

“Sgt. Pepper’s Lonely Hearts Club Band,” the Beatles album often cited as the greatest pop recording in music history, received a thoroughly modern 40th-anniversary salute last week...

But off stage, in a sign of the recording industry’s declining fortunes, shareholders of EMI, the music conglomerate that markets “Sgt. Pepper” and a vast trove of other recordings, were weighing a plan to sell the company as its financial performance was weakening.

... Despite costly efforts to build buzz around new talent and thwart piracy, CD sales have plunged more than 20 percent this year, far outweighing any gains made by digital sales at iTunes and similar services. Aram Sinnreich, a media industry consultant at Radar Research in Los Angeles, said the CD format, introduced in the United States 24 years ago, is in its death throes. “Everyone in the industry thinks of this Christmas as the last big holiday season for CD sales,” Mr. Sinnreich said, “and then everything goes kaput.”

... Even as the industry tries to branch out, though, there is no promise of an answer to a potentially more profound predicament: a creative drought and a corresponding lack of artists who ignite consumers’ interest in buying music.

.... that is compounded by the industry’s core structural problem: Its main product is widely available free. More than half of all music acquired by fans last year came from unpaid sources including Internet file sharing and CD burning, according to the market research company NPD Group. The “social” ripping and burning of CDs among friends — which takes place offline and almost entirely out of reach of industry policing efforts — accounted for 37 percent of all music consumption, more than file-sharing, NPD said.

...

(Excerpt) Read more at nytimes.com ...


TOPICS: News/Current Events
KEYWORDS: cds; filesharing; music; musicdownloads
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To: Drew68
Just because you see a band on MTV

You put a date on yourself with that one....

161 posted on 05/28/2007 11:19:42 AM PDT by Condor 63
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To: KoRn

That’s cuz they suck, and everyone knows it.


162 posted on 05/28/2007 11:29:50 AM PDT by Scotsman will be Free (11C - Indirect fire, infantry - High angle hell - We will bring you, FIRE)
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To: Mr. Blonde
You are going to have a hard time convincing me that this would ever be sneered at. Or this. Or this.

I got to see the White Stripes play a tiny, run-down dive bar in Denver right before they really exploded on the national scene. I don't think there was 50 people in attendance. I'd never heard of them and when I saw a young man and woman get up from their barstools where they had been drinking beer and smoking cigarettes and take to the stage, I thought, "did the bass player call in sick or something?"

I was then completely blown away! They were just thunderous!

Saw Queens of the Stone Age play the same bar before they got big. I sure do miss that little bar.

163 posted on 05/28/2007 11:38:36 AM PDT by Drew68
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To: Drew68

I got to see QOTSA play before they got popular, and it was an incredible experience. They played lots of material off their first album - their best, IMO. The big downside was that it was so loud my ears were ringing for 3 days afterwards.


164 posted on 05/28/2007 12:13:57 PM PDT by Sirloin
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To: WL-law

Bookmark


165 posted on 05/28/2007 12:16:16 PM PDT by KentTrappedInLiberalSeattle ("Proudly keeping one iron boot on the necks of libertarian faux 'conservatives' since 1958!")
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To: WL-law

There are PLENTY of good groups out there right now. You just won’t hear them on the radio, because it costs so much to get airplay.


166 posted on 05/28/2007 12:22:00 PM PDT by mysterio
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To: WL-law

I’ve always felt that the decline of popular music began with the rise of MTV and the music video. From that moment on, the video (and how the band/artist looked) became more important than the song.


167 posted on 05/28/2007 12:29:54 PM PDT by Bug
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To: Bommer
Its called the "American Idol" syndrome! A Sinatra, Patsy Cline or Billie Holiday would never make it under the Simon Cowell model.

Music was already going down the craptastic path long before American Idol.

168 posted on 05/28/2007 2:49:02 PM PDT by Netizen (If we can't locate/deport illegals, how will we get them to come forward to pay their $3,250 fines?)
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To: rarestia

I have Sirius Satellite radio and listen to it xclusively while driving OTR. Beats CDs. For 9/mo, it beats listening to CDs.


169 posted on 05/28/2007 3:00:34 PM PDT by DownInFlames
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To: Bug
I’ve always felt that the decline of popular music began with the rise of MTV and the music video. From that moment on, the video (and how the band/artist looked) became more important than the song.

I think that is an excellent observation!

170 posted on 05/28/2007 3:13:02 PM PDT by Netizen (If we can't locate/deport illegals, how will we get them to come forward to pay their $3,250 fines?)
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To: Alberta's Child

I also trace the decline in musical quality to the steady decline of the American public school systems.
Even in many ghetto schools of forty and fifty years ago,there were many traditional English and Music teachers who taught melody,poetry and the beauty of harmony.I don’t think we’ll ever see another writer of the quality of Smoky Robinson,Tony Hester,Lamont Dozier or Nick Ashford and Valerie Simpson to name just a few.
The garbage that comes out of kid’s music now reflects the abysmal educations they are getting.
And don’t get me started on white”rockers”,none of whom could hold a candle to Jerry Lee Lewis,Elvis,Dion or Brian Wilson.


171 posted on 05/28/2007 3:23:42 PM PDT by Riverman94610
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To: snarks_when_bored

They do, it’s just everyone’s now buying them off of iTunes now.


172 posted on 05/28/2007 3:24:47 PM PDT by GOP_Raider (FReepmail me to join the FR Idaho Ping List.)
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To: WL-law

>>... Despite costly efforts to build buzz around new talent and thwart piracy, CD sales have plunged more than 20 percent this year, far outweighing any gains made by digital sales at iTunes and similar services.<<

I used to buy an album a week. I started boycotting music sales of all types over the RIAA’s behavior. I made one exception for Johnny Cash’s farewell album. RIP Johnny.


173 posted on 05/28/2007 3:27:31 PM PDT by gondramB (No man can be brave who thinks pain the greatest evil)
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To: The Spirit Of Allegiance

>>Let all beware any schadenfreude here, the protection of Intellectual Property rights closely parallels the protection of Real Property rights and is critically important.<<

There is a fundamental difference. One key source of American strength is our creation of intellectual property. Copyrights are a balance with the classic example being the availability of good books. Copyrights too weak or too strong prevent wide dissemination of information in all forms these days.


174 posted on 05/28/2007 3:35:44 PM PDT by gondramB (No man can be brave who thinks pain the greatest evil)
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To: visualops
I'd like to know just how they can come up with a figure for an activity that is under the table. I mean where do they get that? Consumer polling? Guess?

They use the same group that provides the numbers on illegal immigrants to the government ;-)

175 posted on 05/28/2007 3:57:08 PM PDT by varon (Allegiance to the constitution, always. Allegiance to a political party, never.)
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To: tflabo; Tribune7
Yes, the Dead were great. They made most of their money off the ticket sales to their concerts, rather than albums. And they sold a lot of tickets because they could actually play interesting music live, they had a big repertoir of songs from other artists as well as their own, and no two shows were the same. Not formulaic like most of the big rock bands, where they'd do mainly their own hits, then segue into "something off our new album" (crowd groans), then finish up with a couple more hits, basically just having the crowd pay to listen to an advertisement for their "latest album." The Dead didn't pull that kind of crap. A lot of times they would play stuff in concert for a year or two before they even bothered to release it on an album.

My last Dead concert was in summer of 1986 I think ('85?), right before Jerry Garcia suffered his first collapse anyway. It was a triple-billing, Dead, Dylan, Petty all-day concert. Tom Petty was up first, nice job. Bob Dylan next, nice job. This was at RFK stadium in Washington DC, really hot in the sun, they were spraying water from hoses in the infield so people could cool off. People in the stadium seating were just slumped in the heat. Then the Dead came on and started. All the Deadheads immediately got up and started doing the Dead dance. The people who had come mainly to see either Dylan or Petty, and hadn't seen the Dead, were looking around like "what the heck have we gotten ourselves into?" It was fun watching them realize, wow, music and dance together, even in the seats, is actually fun. Rock songs don't have to be mopey or whiney or agressive, sometimes they can just be fun stories or sad ballads, or even old Elvis tunes, and if the music is done right, you can actually dance with it. Kind of how music probably started out. Anyway, it was a great concert, Dylan eventually joined the Dead on stage for a some of their stuff. Then I moved on with my life. RIP Jerry.
176 posted on 05/28/2007 4:12:03 PM PDT by omnivore
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To: Blue Highway

Check out the first link in post #153


177 posted on 05/28/2007 5:57:33 PM PDT by perfect stranger
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To: WL-law
HA! How to ruin a music empire 101: Put out a sorry talentless product, charge too much for it, be the last to join the digital revolution, put a bunch of software restrictions on how they can play the song they purchased, sue your previous / potential customers then complain about your sales declining.

Good riddance to the dinosaur music companies and their lip-syncing, sound studio invented superstars. The real talent will find a way to succeed without those bloodsuckers. Sorry, but I have a real hard time building up any sorrow for them.

178 posted on 05/28/2007 6:01:35 PM PDT by Reagan is King (u)
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To: WL-law

Good. This industry is dying because 98% of their product is garbage. Other than a few dinosaur bands froms the 80’s still producing CDs, there hasn’t been anything worthwhile in popular music for 15 years, maybe longer. In the rare cases I want to own a physical CD, I buy them from the used section for $6 to $8 a pop. That way the scumbag recording labels will get none of my money directly.


179 posted on 05/28/2007 6:18:18 PM PDT by Fish_Keeper
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To: romanesq

I have a few dozen SACD’s. Love ‘em. Dylan released a bunch then stopped. Moody Blues just released some. But, I guess it’s dying. Too bad.


180 posted on 05/28/2007 6:25:44 PM PDT by MrLee
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