HOME TAPING IS KILLING MUSIC PART 67,916
Oct. 8th, 2010 11:21 amITEM: A study of the Norwegian music industry from 1999 to 2009 reveals that record sales are down 50% since music became digital ... but the average income for musicians has risen 66% in the same time period.
Here’s how:
• Income from concerts has increased, on average, 136%
• Income from collection organizations such as TONO, Gramo and others has increased 108%
• Stipends and other supports from the government has increased 154%
Since musicians in Norway only get about 15% of CD sales anyway – as opposed to 50% of concert revenue and 80% from collection organizations – the sales drop doesn’t really impact them all that much.
In fact, the only people losing out are the record companies.
DISCLAIMER: The numbers only apply to Norway. But I’d be willing to bet at least ten (10) American dollars that it’s a similar story elsewhere.
The full study is here [PDF] if you want to check the math.
We’ll be leaving as soon as we’re paid,
This is dF
Here’s how:
• Income from concerts has increased, on average, 136%
• Income from collection organizations such as TONO, Gramo and others has increased 108%
• Stipends and other supports from the government has increased 154%
Since musicians in Norway only get about 15% of CD sales anyway – as opposed to 50% of concert revenue and 80% from collection organizations – the sales drop doesn’t really impact them all that much.
In fact, the only people losing out are the record companies.
DISCLAIMER: The numbers only apply to Norway. But I’d be willing to bet at least ten (10) American dollars that it’s a similar story elsewhere.
The full study is here [PDF] if you want to check the math.
We’ll be leaving as soon as we’re paid,
This is dF