In 2013 , digital music sale refuse for the first prison term since Apple launched the iTunes Store 10 year ago . Are stream medicine services like Rdio and Spotify to pick ?
Nielsen SoundScan just released its annual music sales number and while none of the news is good , the digital music sales numbers are particularly troubling to the transcription industriousness . Billboard report :
Overall for the full year 2013 , digital rails sales agreement fall 5.7 % from 1.34 billion units to 1.26 billion units while digital album gross revenue diminish 0.1 % to 117.6 million unit of measurement from the former twelvemonth ’s total of 117.7 million , accord to Nielsen SoundScan .
iTunes has long been the one of the master source of gross for the flailing recording industry . atomic number 48 sales have been plummeting since Napster , but thanks to Apple , at least the artist and their record book labels were actuate digital unit . Well , it ’s not forever it seems .
Now the big question is whether pour music servicing are to blame . While Nielson has n’t released its 2013 streaming numbers game it ’s pretty obvious that subscription music table service are on the rise . Anecdotally , it seems coherent that there should be an opposite relationship between digital euphony sales and cyclosis music subscriptions . If you have Spotify why the blaze would you buy a digital album ? ( Vinyl sales are up 6 percent twelvemonth - over - class , by the way.)Labels have been saying this would happen for old age , and everybody from Thom York to David Byrne has spoken out against the evils of streaming music . Well , not iniquity . The service are with child . But evil in that they ’re not awesome at making artists any money .
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Of course , the decline in sales does n’t needfully mean a declension in revenue — last year the transcription industry in reality develop . We ’ll have to wait and see if it can keep on produce if it turn out that Spotify is go to wipe iTunes off the single-valued function . [ BillboardviaCirca ]
Recording Industry finagle a Sliver of Growth for the First Time Since 1999
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