By Jill Hamilton
"This name from the long-running Introducing concerns with Opposing Viewpoints sequence makes use of a pro-con layout to supply up disparate voices - from numerous resources - on a number of dilemmas."
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Additional resources for The Music Industry (Introducing Issues with Opposing Viewpoints)
Tune revenues in 2007 • According to the RIAA, in 2007, 500. five million albums within the type of CDs, cassettes, LPs, and different codecs have been bought, down 15 percentage from 2006. • During an analogous interval, the variety of electronic tracks bought rose forty five percentage to 844. 2 million. • The majority of song, eighty two percentage, was once offered as full-length albums; of these lower than 1 percentage used to be offered as vinyl LPs. • The largest purchasers of tune have been humans elderly forty-five years and older. • The greatest percent of music—29 percent—was bought via a shop except a checklist shop. Twelve percentage of track was once offered via a checklist membership, and approximately 2 percentage used to be offered via a television, newspaper, journal advert, or toll-free quantity. • Women acquired somewhat extra track than males (50. eight percentage vs. forty nine. 2). Who will get the money? On a standard major-label liberate costing $15. ninety nine, the money is divided during this method: • 17¢ to musicians unions • 80¢ to packaging and production • 82¢ to publishing royalties • 80¢ to retail earnings • 90¢ to distributions • $1. 60 to artist royalties • $1. 70 to learn for the label • $2. forty to advertising and marketing and promoting • $2. ninety one to label overhead • $3. 89 to retail overhead proof in regards to the song undefined 129 Music and the web • As of January 2008 there have been over eight million bands and artists on MySpace. • Amount in U. S. money that MySpace paid musicians for his or her songs: zero. • Eighty-seven percentage of musicians document that they advertise, promote it, or exhibit their song on-line, and eighty three percentage supply unfastened samples or previews in their tune on the net. • Sixty-nine percentage of musicians say they promote their track on-line. • On CD child, an internet list shop for autonomous acts, musicians make among $6 and $12 an album. given that 1998, 150,000 artists have bought over $65 million of track at the website. • As of 2008 iTunes had offered greater than four billion songs, which constituted 70 percentage of all downloaded tune revenues. • iTunes is put in on approximately 30 percentage of pcs around the globe. unlawful Downloading and complaints • From 2003 to 2008 the RIAA filed twenty thousand court cases opposed to humans for illegally downloading song. • The pre-litigation payment charges for such instances are among 3 thousand and 5 thousand funds. • In 2008 a Bronx girl settled a case with the RIAA after she admitted to illegally downloading songs at the file-sharing web site Kazaa. She was once fined $6,050 for downloading 8 songs, or approximately $756 in line with tune. one of the artists she downloaded have been the Eagles, Sade, and Lenny Kravitz. • Amount the Copyright Act permits, in keeping with music, as a good for unlawful downloading: $150,000. • Only one RIAA file-sharing case has long gone to trial. The case concerned twenty-four stolen tracks and led to an excellent of $222,000, or $9,250 consistent with tune. fast Tracks • Between radio, CDs, and song movies, the common younger individual listens to 3 to 4 hours of tune an afternoon. • Teens fifteen to nineteen years outdated purchase approximately 12 percentage of tune offered. a hundred thirty The track undefined • The top-selling style of track is rock.