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IFPI Reports Digital Uptick

DIGITAL SALES ON THE RISE: Global music trade organization IFPI issued their annual Digital Music Report this morning, showing global recorded music industry revenues increased by an estimated 0.3% in 2012, the first year of industry growth since 1999, to $16.5 billion. Digital revenue increased by 9% to $5.6 billion, accounting for a little over a third (34%) of global revenue. Download sales were up by 12%, representing 70% of overall digital music revenues. The number of people paying for subscription services leaped 44% to 20 million, accounting for more than 10% of digital revenues for the first time. Digital retailers are now available in more than 100 countries, up from 23 at the start of 2011. Two-thirds of internet users (62%) have used a licensed digital music service in the past six months.  Among younger consumers (aged 16-24) this figure jumps to 81%. In the non-digital area, performance rights income increased in value by an estimated 9.2% in 2012 and now accounts for around 6% of overall industry revenues, up from 3% in 2007.  So stop your whining, folks. (2/26p)

SONG REVENUE:
’TIS THE SEASON
It's the most wonderful time of the year. (12/8a)
MEDIABASE ’22:
THE BIG RED #1
Red and Gray, more accurately (12/8a)
HIPGNOSIS' LATEST NUMBERS ARE REMERCKABLE
...and mesmerizing. (12/8a)
SWIFT, FUTURE LEAD 2022 RIAA TALLY
Of course they do. (12/8a)
GRAMMY NOMS:
THE LIST
For your consideration (12/6a)
GRAMMY HANDICAPPING
Who's likely to win in the major categories? We have no idea.
THE NEXT BIG PLAYER
in the catalog game is...
TRUMP CORP II
Totally less fraudulent than Trump Corp.
IS IT CHRISTMAS YET?
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