Amazon and eBay are facilitating the sales of thousands of counterfeit CDs each day, according to a new study by the RIAA. The rampant sale of counterfeit CD was first revealed in 2016 studies conducted by both the RIAA and A2IM.
While most musicians would rather spend time focused on honing their craft than they would perfecting their salesperson skills, revenue from merch has become a key part of a touring artists income, so selling as much possible is essential. Here we look at five tried and true tactics selling more merch at your next show.
While streaming is the new normal for music consumption, the income that many artists receive from it is far less than needed to sustain a career. But, as some artists have learned, merch sales, remain an excellent way to net much larger profits.
Although the sale of physical music is still a large part of the revenue pulled in by major labels, their whole-hearted embrace of streaming has caused them to neglect traditional retail sales, with some fairly disastrous results.
Even a casual industry observers know that album sales haven't been what they used to be, although some new numbers out from a Nielsen Report reveal that, even in the height of the streaming age, there is still some value in album sales, particularly if you belong to the music industry 1%.
Pushing back on reports that Amoeba Music was closing its Hollywood location after a residential development was green-lighted for the site., the iconic record store issued a statement: "We are NOT closing. We are going to be in the current location at 6400 Sunset Blvd for about another year, and from there we are planning to move to a new space in Hollywood." The full statement:
The LA City Council has approved zoning changes that clear the way for the demolition of Amoeba Music's distinctive Los Angeles outlet. According to the LA Times, the vote facilitates the development of a new, 26-story building at the site of the current Amoeba Music store, located at the corner of Sunset and Cahuenga boulevards.
In this ever-expanding world of entertainment publicity, reaching your listeners and fans requires a carefully orchestrated, unique marketing plan. Here we look at five eye-catching promotion ideas for building that extra bit of buzz around your next release.
Independent music stores are demanding action from all three major labels over repeated missing and incorrect shipments handled by their primary fulfillment partner Direct Shot Distributing. "We need help right now on this issue or you will begin to see stores fold simply because their supply chain strangled them," says Michael Bunnell, Executive Director Coalition of Independent Music Stores (CIMS).
Living in the age we are, many musicians may be tempted to invest their time and money solely in digital promotion, but eschewing more archaic forms of promotion like vinyls, shirts, and stickers in favor of targeted social media ads and playlist promotion can sometimes backfire. Here we look at why old school formats and promotion strategy still have some value.
Progressive composer John Zorn is owed $197,559 for a completed PledgeMusic campaign that he was never paid for. "The Book Beriah," a box set of 11 albums to be released on his own Tzadik label. features different groups interpreting his compositions inspired by Jewish folk music.
While artists have always been responsible for music's artistic future, technology and the recording industry have always shaped how that future has been implemented. Here we look at record deals through the ages, from their inception in the late 1800s through to present day.
ASCAP began its 2019 "I Create Music" Expo with the announcement that total revenues for 2018 topped $1.227 billion, an increase of 7% over the previous year. $1.109 billion in royalties were paid to member songwriters, composers and publishers, up 10% year-over-year.
Record Store Day 2019 drove another record year of vinyl sales. 827,000 vinyl albums sold in the U.S. during the week ending April 18, according to Nielsen Music. That's a Record Store Day week record and the third-largest sales week for vinyl albums since Nielsen began tracking sales in 1991.
Bandcamp is expanding its commitment to vinyl with a new offering that eliminates upfront costs for artists and labels. Vinyl on the popular independent music destination has grown 600% in the last 5 years, with 3,500 unique vinyl albums added to the site each month.
UPDATED: Tomorrow, Saturday 4/13 is Record Store Day 2019, with hundreds of independent record stores celebrating a resurgence that most thought would never happen. Thanks to vinyl, survival skills and loyal fans, these stores are, for the most part, experiencing a resurgence. But that will only continue if you turn off your computer, put your phone down and go buy something.
Radio giant iHeartMedia has filed for a $100 million IPO, even as it just emerges from bankruptcy. William Paterson University Music Business Professor David Philp takes a look at the state of terrestrial radio, its less than graceful handling of the internet's rise, and why it needs to adapt, as radio's core audience ages out while simultaneously switching to other forms of audio entertainment.
The resurgence of vinyl has breathed new life into a number formerly overlooked albums, bringing hitherto forgotten artists out of the woodwork. When it comes to these fresh pressings, however, it's important that labels take the time (and money) to invest in top notch audio quality.
With the rise fo streaming the prominence of album artwork has, quite literally, been greatly reduced. That said, it's a mistake for artists to discount the incredible importance of album art when it comes to releasing and promoting your music.
Sub Pop, Easy Street Records and J Mascis produced this short video tale "Dream Big, Shop Small," about the magic of record stores and the music you find in the. It's a fitting teaser as we count down to Record Store 2019.
With streaming revenue showing a massive increase in comparison to previous years, the major three record labels are rejoicing at their annual haul. A big part of this income still draws from physical sales however, and as these old-school revenue streams continue to thin to a trickle, will streaming be able to fully compensate?
Although physical sales of music may have dwindled over the past few years, merchandise remains an exciting and lucrative aspect of the music industry, generating billions of dollars every year. Here we look at eleven true and tested types of merch that get fans excited, while providing artists with a nice bump in revenue.
With the rise of the digital age, music has ceased to become something we own as much as something we rent. One format, once thought of as obsolete, is shifting this new balance, however. Here we look at why ownership of music is still important, and how vinyl is making it relevant again.
Following the sudden closure of Canada’s largest independent vinyl distributor RPM last month, details surrounding the company’s bankruptcy have begun to emerge. A sworn statement filed by RPM president Paul Herzog in Ontario court reveals the company owes $8.9 million CND / $6.7M USD in liabilities.
UK HMV record store chain has been saved from bankruptcy by Doug Putman, who also runs the Canadian music retailer Sunrise Records. Sunrise also took over 70 HMV retail locations across Canada early in 2017, growing the Sunrise footprint from 12 to 82 stores overnight.