Trent on TVT: Trent posted ‘Not ALL news about the music industry is bad these days’ in regards to TVT filing Chapter 11. Check out the series of comments posted from fans following trent’s comment.
Irving Azoff Explains: Why did manager, Irving Azoff, decide to release The Eagles CD exlusively through Wal-Mart?
“The Wal-Mart circular goes to 85 million households. There are 140 million people per week shopping at Wal-Mart. And with the Internet, people are just as happy to go online to buy a CD”.
“The Eagles are making on sales of [now] 8.5 million albums around the world, it pales in comparison to the touring revenue. The business is going to have to wake up and realize that recorded music sales are an ancillary business”. (New York Post)
iTunes more popular than illegal file sharing? A recent report from market research company NPD Group shows that purchasing music from Apple’s iTunes Store is more popular among 9 to 14-year-olds than illegally downloading music over the Internet. NPD said that 70 percent of tweens are now using legal means to download music. Regardless, the issue of illegally sharing music is still strong.
The breakdown according to the report…
iTunes = 70%
LimeWire = 26%
MySpace = 16%
Idol Performances Available on iTunes: Idol fans now have the opportunity to buy downloads of every performance from the top 24 semifinalists on iTunes. Full songs will be $0.99, while full videos of the final 12 contestants will be $1.99, starting March 12.
The Viper Room Sold: The world famous Viper Room on L.A.’s Sunset Strip has been sold to Harry Morton, entrepreneur and founder of Pink Taco Mexican Restaurants. No worries though. “I want to make it real clear that I have no intentions of remaking the brand. If it ain’t broke, don’t fix it,” says Harry Morton.
Recommended Listening: Check out the video ‘Burning Up For You‘ by
Karate High School. The band released a full length record ‘The League Of Tomorrow’ in September 07. Tour dates can be found on their myspace.
Didn’t Trent do a deal with TVT back in the day????
I saw Karate High School at last years Warped Tour, good band and cOol live show.
azoff still didn’t explain the wal-mart exclusive — the cd would’ve been in all the walmarts with standard distribution, plus all the other retailers -.. is it because walmart doesn’t report to soundscan ?
The story I heard was that Wal-Mart got the exclusive because they agreed to buy 3 million copies up front. Or at least they gave the bands label a P.O. for that number. I don’t shop at Wal-Mart but lots of people do. Seems that it was a good deal for both parties.
DaveT
Karate High School is good, not great. They need to work on the songwriting in hopes to get out of the small shrinking emo scene.
Irving Azoff is correct.
That iTunes report seems incredibly bogus to me.
It cites MySpace as being used by 16% of 9- to 14-year olds to “share” music… I don’t know how one shares music via MySpace. If the question was understood to mean “How do you listen to music?” & that’s where the MySpace figure comes from, then it seems pretty logical to me that a large portion of the “iTunes” answers were referring to playback, not legal purchases through the iTunes Music Store. Some of these answers are from 9-year olds… do you really expect them to know the difference? I think if we compared the number of legal downloads of High School Musical 2 soundtracks to the number of illegal downloads of High School Music 2 soundtrack we would get a number much more skewed towards Limewire.
This is speculation, of course, but the MySpace figure throws a big wrench in their data as far as I’m concerned. Seems like more clueless jackasses throwing around numbers to me.
sharing music with your friends doesn’t absolutely mean downloading. Come visit my myspace and I will share with you my hobbies, past times, likes, and music.
It will be interesting to see how band in the future are promoted enough to fill stadiums, without first having made the bilk of their revenue through music sales
The money has to come from somewhere
According to the report on Allhiphop.com, yes, Trent did have record(s) released by TVT. (I personally don’t know off-hand). It sounds like Trent never really had a good relationship with TVT and he’s happy they folded.
There’s a huge difference between sharing music & sharing musical interests, brian. Enormous, in fact. Sharing music is sharing music. Sharing interests is something else entirely. Listening to music is likewise something else entirely. And in a study like this, that should all be made crystal clear.
Without having seen the actual report, everything I’ve heard second hand about the report is far too ambiguous to be taken seriously.
If the report is to be taken seriously, it would suggest that this demographic doesn’t feel entitled to free music. The popular idea is that there is a coming generation with no attachment to physical product, that they’ve grown up with the “Wild Wild West” interweb & that “free music” is ingrained in them & new ways of monetization are absolutely necessary, critical even, for the survival of the industry.
What’s being suggested is that the current model isn’t without hope & with enough litigation & enough ISP cooperation (at the expense of our personal liberties), the iTunes $.99 model can be maintained & the industry will eventually climb out of this “slump.”
This is the kind of thinking that will inevitably sink the ship. This reflects and industry that is holding onto hope that things will go back to the way they once were. Not gonna happen, no matter how many numbers on how many demographics you conjure up.