[Dust2]

Originally posted by Eternium

Not here for streaming at all. It's sad nobody cares enough about music anymore to buy it.

?

Spotify cost $120 a year.

The average American spend about $22 a year on music.



Even the FREE component (ad-driven internet radio) generate a lot of revenue for the music labels.

Internet radio (USA): $590 mil royalties payment in 2013 (up 28% from 2012)
AM/FM Radio (USA): $0 in royalties payment in 2013

Pandora reports that it has 9% market share in overall radio in March 2014, AM/FM has the other 91% market share. Imagine the revenue to the music labels if Pandora has 18% market share, 27% market share, 36% market share

9% market share in radio = $590 million royalties
18% = $1180 million royalties
27% = $1770 mililion royalties
36% market share in radio = $2360 million royalties

VERSUS

$0 in royalties from AM/FM radio


The music industry would love it if Internet Radio replaces AM/FM radio. It would take many years for internet radio to have 50% market share. It's at about 10% market share of radio right now. 50% market share is a long long way off.

[Eagle7]

The day will come, and I don't think it is too far away, that we'll be done seeing "albums" as we know them. Just singles being released. You can see it already happening. Artists are releasing three or four singles before an album's release that has six more songs on it. Clearly just to make another grab at the ATM.

[getback]

About time. Even I start to move to streaming now. Many songs just don't worth laptop's memory.

[Global M]

Wrecking Ball switching up the game like this

[BlueTimberwolf]

Originally posted by Eagle7

The day will come, and I don't think it is too far away, that we'll be done seeing "albums" as we know them. Just singles being released. You can see it already happening. Artists are releasing three or four singles before an album's release that has six more songs on it. Clearly just to make another grab at the ATM.

In places like Korea where music is dirt cheap and pirating is rampant, they only release singles and EPs for the most part. it definitely reduces the quality of the music in my opinion.

[UNNAMI]

what excatly is TEA?

[Hooligan]

I, honestly, cannot tell you the last time I purchased a single since subscribing to Spotify, therefore I'm not really surprised by this information however I wouldn't quite call it the streaming era just yet. There are plenty of people who'd rather download still; that number is actually pretty high comparatively, too.

[Katy V.!]

Originally posted by UNNAMI

what excatly is TEA?

Track Equivalent Albums.

10 single sales = 1 album sale.

[Eric.]

Originally posted by Cain

People never did, they used to record the radio to get the music free on their recorders.
It's just now that there are so many possibilities to get music for free people are using them.

But pop music has never been seen as something worth spending a lot of money on unless you're a big fan of someone.

It's a matter of options and availability too. If buying physical CDs was still the easiest option available it would still be on top. But times have changed.

I do wonder how profitable is this for the artists.