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RIAA: Music Shipments Up in 2004

Postby SlyckTom » Wed Mar 23, 2005 4:40 pm

The RIAA released its end of year statistics for 2004, and things continue to look mediocre. According to the RIAA, which represents all of the major music cartels and 90% of all music released, the number of CDs shipped (from record companies to retail outlets) in the United States rose 5.3% in 2004. This represents a 2.7% increase in value from 2003. Although CD shipments are up, there is limited optimism within the RIAA.

According to the RIAA, piracy continues to hamper their business model – whether online or physical piracy. While shipments are up, the total number of overall units shipped has fallen since 1999.

“When compared to year-end numbers five years ago, the number of overall units shipped to retail in 2004 is down 21 percent. According to Soundscan, the top 100 albums, often the most heavily pirated, sold 194.9 million units in 1999, compared to 153.3 million units in 2004 (the 2004 numbers do represent a slight increase over 2003 --146.8 million units sold for the top 100 albums in that year).”

The ARIA (Australian Recording Industry Association) has followed a similar pattern, as the number of albums and singles released has declined by 35%. However, the Australian music industry’s situation is considerably more dramatic as decline occurred over the course of only one year.

Although the RIAA continues to exist on shaky ground, there was a bit of optimism expressed by RIAA chairman and CEO Mitch Bainwol. The music industry did gain ground in two critical areas, DVD music sales and online music service sales.

According to the RIAA’s press release, DVD music shipments increased by a remarkable 66%, while their value (list price) increased by 51.8%. In addition, just fewer than 140 million online music tracks were sold in 2004.

While these may be encouraging numbers to the RIAA, in the grand scheme of things they represent a very small piece of the pie. DVD music sales only represent 5% of the total market. In addition, while 140 million digital music tracks may sound impressive, it is insignificant compared to the free for all taking place on P2P networks. Some estimates conclude that over 1 billion files per month are exchanged in the P2P community. Needless to say, the RIAA has some catching up to do.
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Postby puzzlepants » Wed Mar 23, 2005 6:43 pm

We need to do something soon or these artists and execs won't be able to put food on the table
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Postby mpfenton » Thu Mar 24, 2005 3:48 am

The music industry did gain ground in two critical areas, DVD music sales and online music service sales.


They meant to say "licensing," right? They don't actually "sell" anything.

Given this, how is it possible to "physically" pirate something that doesn't physically exist?

Given the fact that no one is actually buying or selling anything, how is it possible for someone to be "stealing" anything in the first place?

Lies, I tell you. It's all lies. Don't believe a word these guys say.
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Postby createcoms » Thu Mar 24, 2005 3:56 am

My heart bleeds for them :lol:
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Postby slinkyspirit » Thu Mar 24, 2005 5:23 am

so, as sales move from singles to dvds and online sales thats our fault? profits keep rising overall but everytime the 'industry' presents it as a decline. Does anyone still have a link to the study on the australian association that showed they had twisted figures and that sales have kept rising overall etc etc
also the other recent article showing a direct link between number of albums/singles released and number sold. this is bullsh_it.
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Postby Bizzare » Thu Mar 24, 2005 9:55 am

This is actually a lot more fun if you do it as a mad lib.

For those unaware, a madlib is a story you write, then randomly remove and replace adjectives, nouns, vowels, etc, with nonsense, much like the **AA does when releasing "news" to the press.. so:

“When compared to year-end numbers five years ago, the number of overall units shipped to retail in 2004 is down 21 percent. According to Soundscan, the top 100 albums, often the most heavily pirated, sold 194.9 million units in 1999, compared to 153.3 million units in 2004 (the 2004 numbers do represent a slight increase over 2003 --146.8 million units sold for the top 100 albums in that year).”

becomes

“When compared to year-end (PLURAL NOUN) five years ago, the number of (ADJECTIVE) units (VERB) to retail in 2004 is down (A NUMBER) percent. According to (NOUN), the (ADJECTIVE) 100 albums, often the most heavily (PAST TENSE VERB), sold (A NUMBER) million units in 1999, compared to 153.3 million (PLURAL NOUN) in 2004 (the 2004 numbers do represent a (ADJECTIVE) increase over 2003 --146.8 million units (PAST TENSE VERB) for the top 100 (PLURAL NOUN) in that year).”

My result?

"When compared to the year-end swamp donkeys five years ago, the number of cracked-out units farting to retail in 2004 is down 1,000,000 percent. According to cheese, the fattest 100 albums, often the most heavily snorted, sold 5,000 million units in 1999, compared to 153.3 million tacos in 2004 (the 2004 numbers do represent a boring increase over 2003 --146.8 million units flushed for the top 100 dickheads in that year)."

:D
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Postby metro » Sat Mar 26, 2005 12:35 pm

"the number of CDs shipped (from record companies to retail outlets) in the United States rose 5.3% in 2004."

Seems to me that business is growing not shrinking.

The US econly grew by about 3.5% in 2004 and 5.3% for the record companies --

That is a growth rate of 50% more the the country in general.

Meanwhile sites like allofmp3.ru who legally sell tunes at about 10 cents are growing also - seems they are good for the music industry.

Most broadband users are now limited to a few MBs per second - in some years when we all have 100MB connections and can donload 700MB films in under 6 minutes they will really be screaming unless they set up the convienient distribution sytem now.
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