Taylor being the biggest artist in the US and the top pop girl in Japan. Slaying the world's biggest 2 markets
All that matters. Those so-called global girls can have their crumbles from those other markets that most likely amount for like 25% of what Lord makes in those 2 main markets.
Japan, the world’s second largest national market which accounts for a
fifth of global revenues, is in a challenging phase of transition to digital.
In 2013, sharp declines in physical sales were coupled with declines in legacy
mobile products such as ringtones. Given the relatively recent launch of
smartphone-supported download stores, the potential of subscription radio,
and the expected arrival of more subscription services in 2014, prospects
appear better for the future of the Japanese digital sector. In 2013 there was
sharp growth in subscription revenue (up 204 per cent) and download sales
Quote:
“T he recorded music business remains challenging — good news includes the growth
of streaming/subscription, and the continuing explosion of mobile devices means we
can reach millions of consumers in emerging markets for the first time. The world is
transitioning at different speeds in different regions and 2013 was a set-back in the world’s
second biggest market — Japan. In time Japan will bounce back as more digital business
partners enter this vibrant market.”
— Max Hole, Chairman and CEO, Universal Music Group International
Essentially, they've clung to physical sales for so long that they're finally making the big switch to digital that other markets have already made. Now their physical market is falling and their digital market is rising.
Essentially, they've clung to physical sales for so long that they're finally making the big switch to digital that other markets have already made. Now their physical market is falling and their digital market is rising.
So in some time Japan will took over the United States again or what?
finally that argument is put to rest.