With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough.
Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward. Hypebot is read daily by more than 30, music industry professionals including executives and senior staff of music related tech firms, internet based music sites, every major label group and most indies as well as many managers, artists and members of the live music community:.
Contact us for the latesst stats, ad rates and sponosorship opportunites. We also offer combined rates with MusicThinkTank. Follow Us on Daily Summary Subscription. A seasonal sales dip often takes place after the first quarter. The top digital tracks dropped 8. Making the situation more complex, the price changes took place gradually. So looking at their sales should isolate the effect of price changes. But it offers a compelling picture of how variable pricing has helped labels so far.
In the six weeks after iTunes introduced variable pricing, the songs that Billboard looked at sold But even this deep drop in unit sales resulted in a net gain to the bottom line. The revenue increase from those catalog tracks has only a fraction of the weight of the top 40 tracks. To really gauge the impact variable pricing can have on sales, one has to examine the trees. Individual results for specific artists show how careful labels have to be when they use their newfound pricing power. Both are priced at 99 cents on Amazon.
The decline in revenue from the more expensive version was roughly offset by the gains in the less expensive version. To start the conversation again, simply ask a new question. Does anyone have a reasonable explanation for this? I never thought of asking until now. Will it ever go back to to the original prices prior to two years ago? Posted on Aug 2, PM. Posted on Aug 3, AM. There is also an excellent explanation as to why this change occurred and it is just what i expected.
For years, the four biggest record companies have clamored for more control over pricing on iTunes. Apple relented, presumably in exchange for the right to sell songs stripped of copy protection software. But in these uncertain times, determining what kind of revenue this might generate is unclear, the sources said. The recording industry is hoping that charging 30 cents less for older titles than iTunes' traditional cent standard will reinvigorate sales.
It must be noted that most of the prices on iTunes are unchanged or reduced. Of course, the music industry is trying to make up for dwindling CD sales and the losses from illegal file sharing. To automatically import new iTunes Stores purchases from another computer, choose a computer on your Home Sharing network from the Library pop-up menu. Skip to content Lifehacks.
April 30, Joe Ford. Table of Contents.
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