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Digital MP3 Sales
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| bobba lou |
Whenever you hear that people are still paying for their music, it must come to a shock to some of you, but for an industry that’s become jaded and cynical with its public, you can’t ignore the fact that MP3’s have redefined how people get and purchase their music.
With its recent Digital Music Report 2006, IFPI (INTERNATIONAL FEDERATION OF THE PHONOGRAPHIC INDUSTRY) reports that sales of music via the Internet and mobile phones generated sales of $1.1 billion in 2005, up from $380 million a year ago.
They also discovered that 420 million single tracks were downloaded legally through online stores and that digital music now accounts for about 6% of record companies’ revenues.
Not surprisingly though, the sales of ringtones has brought in an excess of $400 million as that area has been one of the most marketable arenas for record labels to cash in for a quick buck that now looks to be a vital source for cash flow.
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| Grrrrr |
I'm sure this trend will continue to rise, maybe even double in the next year. I bought my first legal track from the internet not too long ago and plan to continue buying my favourite tracks in this way.
I won't however buy albums and mix compilations this way. I much prefer having the hard copy, uncompressed, with inserts etc. I can then use it as i wish, which at the minute means ripping at 320 and putting the CD away. Seems kind of silly but i know i've always got that hard copy should i need it and one day i plan to start bedroom DJing when i'll almost certainly bring out all my albums to use.
I think one of the big pros of digital download is that a DJ can get the latest track straight away. No waiting for delivery or finding a record shop that sells the track you're after, you could in theory buy a track 10mins before you set off to a gig. Just one catch with this and i'm not sure about the details but apparently downloading a track only gives you the licence for home listening. Playing it out would be illegal. THIS IS WHERE THE INDUSTRY IS SHOOTING ITSELF IN THE FOOT, why are DJs going to legally pay for music only for it to be illegal to play the tune out!? It's crazy |
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| MichaelBoogerd! |
| quote: | Originally posted by Grrrrr
I'm sure this trend will continue to rise, maybe even double in the next year. I bought my first legal track from the internet not too long ago and plan to continue buying my favourite tracks in this way.
I won't however buy albums and mix compilations this way. I much prefer having the hard copy, uncompressed, with inserts etc. I can then use it as i wish, which at the minute means ripping at 320 and putting the CD away. Seems kind of silly but i know i've always got that hard copy should i need it and one day i plan to start bedroom DJing when i'll almost certainly bring out all my albums to use.
I think one of the big pros of digital download is that a DJ can get the latest track straight away. No waiting for delivery or finding a record shop that sells the track you're after, you could in theory buy a track 10mins before you set off to a gig. Just one catch with this and i'm not sure about the details but apparently downloading a track only gives you the licence for home listening. Playing it out would be illegal. THIS IS WHERE THE INDUSTRY IS SHOOTING ITSELF IN THE FOOT, why are DJs going to legally pay for music only for it to be illegal to play the tune out!? It's crazy |
Keep reading the rules... if the club or venue has a license (which supposedly they would do) you can play your legally downloaded mp3's in public.
Alternatively, if you're more serious to mind, you can buy the same license for yourself, and use it everywhere. |
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| THE_Chris |
| No you cant, you need your own licence too. It was posted a few days ago on here. Major moneygrabbing going on :( |
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| Spirit5 |
| quote: | Originally posted by THE_Chris
No you cant, you need your own licence too. It was posted a few days ago on here. Major moneygrabbing going on :( |
From my understanding that is only if you use a laptop computer to play out your MP3s/WAVs etc. Tracks burned to a CD I guess are not any different from playing vinyl. Correct me if I am wrong about this though.... |
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| Grrrrr |
| quote: | Originally posted by Spirit5
From my understanding that is only if you use a laptop computer to play out your MP3s/WAVs etc. Tracks burned to a CD I guess are not any different from playing vinyl. Correct me if I am wrong about this though.... |
The licence is for the track, irrelevant of the media used to play it...
When you buy a vinyl record or a CD single is that licenced for home use or can you play it out? Does anyone know 100% sure? I'm just curious if this is an issue for digital downloads alone |
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| Clovis86 |
| I spend about 50$ to 100$ a month at beatport now... |
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| MichaelBoogerd! |
| quote: | Originally posted by Grrrrr
The licence is for the track, irrelevant of the media used to play it...
When you buy a vinyl record or a CD single is that licenced for home use or can you play it out? Does anyone know 100% sure? I'm just curious if this is an issue for digital downloads alone |
In theory you would expect you would need a license to spin vinyl too :rolleyes: |
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| flavdave |
| quote: | Originally posted by Grrrrr
The licence is for the track, irrelevant of the media used to play it...
When you buy a vinyl record or a CD single is that licenced for home use or can you play it out? Does anyone know 100% sure? I'm just curious if this is an issue for digital downloads alone |
It would be for private use only. |
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