Feeds

Report shows €240bn drop in music retail over 7 years

Spanish pirates steal musical investment booty, says IFPI

Intelligent flash storage arrays

Even if you're all numbered out, there are some interesting nuggets in the latest annual compendium of figures from IFPI, the sound recording industry's global trade group.

The group is keen to draw the connection between piracy and failure to invest in talent. In Spain, where piracy is rampant after mismanaged hikes in royalties, not one new Spanish artist made their debut in the Top 50. Seven years ago, 10 new Spanish artists appeared in the Top 50. Forty-four per cent of active internet users also use unlicensed music sites – twice the European average. It creates a vicious circle, with music investors in Spain more likely to bet safe, and less likely to invest in new native talent. Spending on recordings has halved in Spain in five years.

So if you're wondering why there's so much old, or cynically dreary music filling the charts and TV, ask your neighbouring freetard. (Of course TV and radio producers could choose to publicise more fresh talent from the independent sector – and not to let them off the hook, they should – but they're under pressure to "reflect what's popular" as well as promote new talent).

Bars: global album sales (units,m); Line: debut titles only (units,m)
Same old, same old?

IFPI reckons that retail losses to piracy from 2008 to 2015 will amount to €240bn in Europe, with the loss of 1.2m jobs. The recording industry trade group uses a substitution ration of 10:1, meaning 10 illegal downloads average out at one lost sale. Spotify lent its support to the industry by urging ISPs to bundle its service with their core offerings.

The figures undermine one widely-held belief. Live revenues are increasing, but that's down to more expensive tickets. Yet greedy promoters have been overmilking the herd; ticket sales fell by 12 per cent last year. Too many dates, too many festivals ... too many vintage oldie acts, perhaps?

Overall, digital music makes up 29 per cent of trade revenue, or $4.6bn in value.

There's lots more, here. ®

Internet Security Threat Report 2014

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.