The arrival of digital music and its revenues helped the music industry debacle, with a third of the recorded product sales but it hasn’t been enough. The rise of music companies such as Pandora and Spotify have opened a new window for the music business. Nonetheless, specialists are not too excited about the projected future.
Monday, December 2, 2013
Internet radio companies are at risk?
The music industry has been involved in a financial roller
coaster since 1998. At that time, music companies spent large amounts of money
in building music artist careers, expecting substantial revenues out of
recorded music sales. In 1998, recorded music sales were around $38.6 billion. In
2008, they dropped down to $18.4 billion, and in 2010, they went down
drastically to $15.49 billion.
The arrival of digital music and its revenues helped the music industry debacle, with a third of the recorded product sales but it hasn’t been enough. The rise of music companies such as Pandora and Spotify have opened a new window for the music business. Nonetheless, specialists are not too excited about the projected future.
The arrival of digital music and its revenues helped the music industry debacle, with a third of the recorded product sales but it hasn’t been enough. The rise of music companies such as Pandora and Spotify have opened a new window for the music business. Nonetheless, specialists are not too excited about the projected future.
Labels:
business,
company,
entertainment,
finance,
future,
income,
lead,
leader,
leadership,
music,
organization,
pandora,
people,
profit,
publishing,
recording,
revenue,
royalties,
royalty,
spottily
Sunday, November 24, 2013
We believe, you believe, you buy
Why is Apple so innovative despite having the same resources
as any other computer company? Why did so many people follow Martin Luther King Jr. by just word of mouth? They connected with people in a whole different way. Simon Sinek discovered few years ago the way all successful
companies and leaders communicate their ideas. They have used the exact same
pattern, and he called it the Golden Circle.
Labels:
apple,
believe,
business,
company,
computer,
how,
lead,
leader,
leadership,
mac,
martin luther king,
organization,
people,
simon sinek,
teamwork,
what,
why
The Latin Academy of Recording Arts & Sciences
Labels:
business,
emilio stefan,
entertainment,
grammy,
grammys,
hispanic,
latin,
latin academy,
latin grammys,
latin music,
latino,
miami,
music,
peer,
peermusic,
prince royce,
publishing,
recording,
team work
Tuesday, November 5, 2013
Julio Bagué, an executive that always "closes the door"
Labels:
bague,
business,
carlos varela,
entertainment,
future,
grammy,
julio,
music,
now u,
peer,
prince royce,
publishing,
team work
Sunday, October 27, 2013
Terra and Alejandro Sanz reached half million users in one hour
Music and the Internet are getting along just fine these
days. Companies are strengthening partnerships with big artists to reach more
audience. Terra Networks, a leading digital media company and content producer
for Hispanic markets, chose Alejandro Sanz to launch the first digital and
interactive music experience called Terra Live Music.
Sunday, October 20, 2013
The Downloadable Concert: a new marketing trend.
The days of conventional marketing
are history. With all the new digital trends, companies are delivering messages
to their customers through a whole new experience. A much more fun experience.
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