While the total number of US music consumers has more than doubled to 96 million in 2006 from 45 million in 1980, annual per capita music expenditures have dropped drastically to $120 in 2006, from $198 in 1980.
April 2007 - Solutions Research Group reported that approximately 24,000,000 American men and 18,500,000 American women have an iPod.
April 2007 - Apple announced that is sold its 100 millionth iPod. Apple has also sold 2.5 billion songs, 50 million television shows and 1.3 million movies.
March 2007 - Combined sales of CDs, digital tracks, and ringtones are down 10% so far this year
2006 - MySpace is home to 2.2 million bands, 8,000 comedians, thousands of filmmakers
2006 - MySpace has more than 100,000,000 unique profiles
2006 - The iTunes store features 3.5 million songs
2006 - iTunes is selling 5 million songs per day, or 58 songs per second
2006 - 55% of the music bought through iTunes is sold as individual tracks
2006 - Americans spent 500 million on ringtones last year
2006 - 9.3 million people share music files each month
2006 - One billion tracks a month are traded worldwide on illegal file share networks
2006 - 800 music stores closed in 2006
2006 - 1 billion people speak English
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When the passion of music is real
5 comments:
it seems emarketer is a good source for stats in the music industry.
Reading this makes me understand that I can deffinitely do what need to be done inorder to make it the information on here inspires me to take care of business. Thanks and I look foward to working with you....James S. Smith III ( Baby Jay)
Quest,
This is some good information. Some of it I knew and alot of it I didn't. There are many opportunities to be successful.
Vince Blak
it seems to me that pretty soon, there will be no cds. everything will be purchased digitally online, and major labels are gonna have to strike a deal with the itunes of the world. interesting
YO QUEST, THIS ARTICLE IS SOME REAL STUFF. NOT ONLY DID YOU BREAK THE MUSIC INDUSTRY DOWN TO A SCIENCE, BUT ITS ALSO ENCOURAGING TO KNOW WHAT IT TAKES TO REALLY GET WHERE YOU WANT TO BE IN THIS GAME. AS SOON AS WE CAN GET IT CRACKN' LETS GET IT CRACKN'. THIS IS YA MAN NEEM.
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