I think I’m finally going to stop buying new CDs.
Brilliant caper that almost worked.
A recent University of Reading study finds that 75% of students polled prefer downloading music to buying hard copies or even streaming, which may speak to a sort of splitting of the difference for how younger audiences view digital music. If there was ever any debate on whether people still want to “own” music, this … Continue reading Poll: 75% of Students Prefer Downloads to Streams
Back in April, we looked at some early analysis from Billboard that suggested that raising the price of songs from 99 cents to $1.29 was hurting sales but increasing revenue. In the comments, everyone pointed out that no conclusions could really be drawn from a policy that had only been in place for a matter … Continue reading iTunes Shocker, Round 2: Raising Price Decreases Sales
Two things: One, Digital sales of music is up 15% over last year; Two, iTunes is killing everyone out there, including Walmart, Target, Best Buy and Amazon. According to The NPD Group, “Apple iTunes leads in the U.S. with 25 percent of music units (digital or otherwise) sold, which is up from 21 percent in … Continue reading iTunes Beats All with 69% Digital Market Share
Billboard takes a look at the iTunes sales charts and determines that “the increases have hurt the sales rankings of songs given the higher $1.29 price.” Once sales fall more than 23.3%, the label starts losing more money than they would’ve made had they left the price at 99 cents. The average $1.29 song dropped … Continue reading iTunes Shocker: Raising Price Decreases Sales
We first mentioned this back in January, but now the L.A. Times puts a date on it: Hottest tracks to cost $1.29 at iTunes starting April 7. The world’s largest music store, Apple’s iTunes, plans to boost the price of many hit singles and selected classic tracks to $1.29 on April 7, breaking the psychological … Continue reading iTunes: Why Pay More!
Apple, labels both win with DRM-free iTunes, tiered pricing: Today, Apple promised that by the end of this quarter, all 10 million iTunes songs will be DRM-free, and released at the higher-quality 256 kbps iTunes Plus bitrate. This policy change applies across the board to all four major music labels (Universal Music Group, Sony BMG, … Continue reading Apple ditches DRM, adds tiered pricing
Apple releases a fancy new feature with iTunes 8 and tries to join your mix tape club. Problem is, he’s a nice guy with a decent record collection but a lack of understanding of the rules and limited creativity. It’s back to school for this “Genius.”
The company that introduced Ellen Feiss to the world, Apple, became, within one week’s time, the largest on-line music retailer. Just days after the introduction of the 99-cent iTunes Music Store, Apple has had a reported one million purchases. What is all the more remarkable about this is that Apple represents only about 5% of … Continue reading A Rotten Core: RIAA vs. Apple