It's Obama Time
Saturday, May 24, 2008
NARM 2008 San Francisco
Highlights of the 50th Anniversary NARM Conference
Digital NARM 2008 San Francisco Marriott
· So far for 2008 consumers have made 724 million purchase decisions of music and videos
· Nearly 80% of albums sold less than 100 copies
· 570,000 albums sold in 2007
· Fewer than 10,000 albums amounted for 80% of album sales
· Album sales down 15% from last year
· The last time album sales was up – 2004
· So far this year, vinyl sales are up 38%
· 10, 800 albums released by the major labels last year – accounting for over 80% of new album sales
· Top Download artist – Fergie – 7.5 million full track downloads
· Total Digital track sales for 2007 was 844 million
· 726.6 million – major labels
· 117.5 indy tracks
· T-Pain – top selling Ringtone artist for 2007 – 2.3 million downloads
Miscellaneous Facts
· American Idol and Disney artist sold 35 million albums the last two years
· 3 of the top 10 artist were either from American Idol or Disney – amounting to 13% of 2007 album Sales
· Kevin Arnold – Founder of IODA mentioned during one of the panels that Verizon wireless was one of their top 5 retailers
· Napster was only available on 12, 000 AT&T phones in 2007…will now be on 12 million phones….June projection (according to Napster President Brad Duea)
· NPD’s Russ Crupnick stated 61% of music was bought by teens using gift cards
· Digital music has been growing at 40 to 45% a year
· Last year was the worst year for holiday season albums in Nielsen history
· Video games is the new king – Grand Theft Auto IV broke records for sales $500 mil first week
Digital NARM 2008 San Francisco Marriott
· So far for 2008 consumers have made 724 million purchase decisions of music and videos
· Nearly 80% of albums sold less than 100 copies
· 570,000 albums sold in 2007
· Fewer than 10,000 albums amounted for 80% of album sales
· Album sales down 15% from last year
· The last time album sales was up – 2004
· So far this year, vinyl sales are up 38%
· 10, 800 albums released by the major labels last year – accounting for over 80% of new album sales
· Top Download artist – Fergie – 7.5 million full track downloads
· Total Digital track sales for 2007 was 844 million
· 726.6 million – major labels
· 117.5 indy tracks
· T-Pain – top selling Ringtone artist for 2007 – 2.3 million downloads
Miscellaneous Facts
· American Idol and Disney artist sold 35 million albums the last two years
· 3 of the top 10 artist were either from American Idol or Disney – amounting to 13% of 2007 album Sales
· Kevin Arnold – Founder of IODA mentioned during one of the panels that Verizon wireless was one of their top 5 retailers
· Napster was only available on 12, 000 AT&T phones in 2007…will now be on 12 million phones….June projection (according to Napster President Brad Duea)
· NPD’s Russ Crupnick stated 61% of music was bought by teens using gift cards
· Digital music has been growing at 40 to 45% a year
· Last year was the worst year for holiday season albums in Nielsen history
· Video games is the new king – Grand Theft Auto IV broke records for sales $500 mil first week
Subscribe to:
Comments (Atom)