[UPDATED] Vinyl has helped to revive the otherwise struggling independent record store sector. Now indie music retailers are taking the promotion of vinyl beyond their annual Record Store Day with Vinyl Tuesdays.
In one week, Starbomb sold almost 6,000 CD copies of its Player Select album through CD Baby, including 3,438 in pre-sales. How’d they do it? YouTube.
As we reported yesterday, international recording industry trade body IFPI has declared that by summer Friday at 12.01 AM will be the new official date and time for new global music releases. Friday is already new release day in Germany and Australia, but the shift means big changes in the US, UK and elsewhere.
Foo Fighter Dave Grohl has been named 2015's Record Store Day Ambassador, joining an elite group of predecessors including Jack White, Chuck D, Iggy Pop, and Ozzy Osbourne. Record Store Day is scheduled for April 18th and shines a spotlight on what Grohl calls “my churches, my libraries, my schools.” Along with the announcement, Grohl penned a heartfelt ode to record stores and shot a video in which he talks about the first record he ever bought.
Bandzoogle Pro members selling merchandise through their website now have access to the platforms newest features: Inventory Tracking. As merchandise sales play an increasingly prominent role in the generation of artist revenue, limited edition items are on the rise. With Bandzoogle's addition of inventory tracking, artists can set a quantity of items to be "in stock" without worrying whether or not someone will try to purchase sold-out merch. The feature can also be utilized for events where seating is limited, allowing artists to easily offer and manage VIP fan experiences.
The overall value of the German recorded music industry ticked 1.8% from its total size in 2013 and increasing its lead over the UK market that it first gained in 2011. The data, compiled by the Federal Association of the Music Industry (BVMI)market research company GfK Entertainment, showed that the German market had a total size in 2014 of €1.48bn.
[UPDATED] Tom Yorke is now selling his new music via direct to fan platform BandCamp. With Radiohead, Yorke was the first major artist to offer new music using the "pay-what-you-want" model. As a solo artist, he's tried a variety of new release and sales platforms, including most recently, BitTorrent bundles. His goal with each of these experiments has to been to bypass "the self elected gate-keepers."
In typical Amazon fashion, the retail giant shared some vague holiday "statistics" they say show consumers embracing online purchasing and digital consumption with increasing zeal. More than 10 million worldwide took advantage of a free trial to use Amazon's Prime services for the first time, for example. 60% of all Amazon purchases this season were made on mobile, according to the company, who also shared some holiday musical milestones:
You’ve played a great show. Fans are lined up at your merch booth. You’re taking cash, making change, and signing CDs. Then a guy walks up and wants to buy a couple discs and a t-shirt — but he only has a credit card. Are you going to turn him away? No, you’re going to process his credit card transaction right then and there, in the sweet, dank, dark-lit, beer-soaked corner of a basement rock club.
I really wanted to make this happen for myself and participate in the extravaganza. All the people and acts from big labels are garnering all their fans to to make it all work for Black Friday and Cyber Monday. But for me, Kosha Dillz, it did not work. I came up with six reasons, and it's all ok…for now. In my first year promoting my Black Friday sale, I have sold a total of 5 shirts. Disheartening at best, I am hoping my honesty will get you to take a look at my awesome shirts anyway. Below are the six reasons why I failed at my Black Friday/Cyber Monday sale.
UPDATED: Record Store Day is holding its fifth annual Black Friday event today (Friday November 28th). There is not an incomprehensible list of sale items being broadcasted as you've likely seen or experienced throughout this week in nearly every medium imaginible. Rather, in an effort to remove commercialized chaos from the experience, Record Store Day's Black Friday Event will offer limited edition exclusives and small-run speciality items to consumers who seek and appreciate the rarity and value of such pieces.
There has been a significant amount of industry chatter surrounding the abandonment of the national release day in order to make way for a globally unified release day. Retailers and independent labels are in agreement that a global release day may be in the best interest of the music industry as a whole, but are pushing for a reconsideration of the proposed global release day falling on Friday. Worried that a Friday release could cause the industry to incur unnecessary additional costs, and ultimately defeating the purpose of approaching releases globally, the following organizations are endorsing a Monday global release day.
Millenials know only a world where free music is everywhere, but one group is still willing to pay and has the disposable income to do it - adults 50+. Chasing that market, Sony Music Entertainment and its catalog division, Legacy Recordings, have formed a new relationship with the American Association Of Retired Persons to offer its 37 million members special music packages, deals and discounts.
[UPDATED] In what most in the music industry see as a long overdue move Nielson Soundscan will add both streams and downloads to their weekly Top 200 album sales chart published by Billboard. Beginning with the Dec. 3rd chart (sales for the week ending Nov. 30 which includes Black Friday), music streams from Spotify, Rdio, Rhapsody, Beats and others will become part of the ranking using the calculation of 1500 song streams as as equal to an album sale.