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[MTFans]Despite Competition, iTunes Still Growing

post #1 of 24
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Quote:
iTunes now accounts for 66.2% of the online music market, up a full 3% from earlier this year. iTunes has long been the music purchasing service of choice, but over the past few years, alternative services have attempted to take a slice of their market share. Amazon, the second most used service, has a meager 13.3% market share (up from 11%). Their strategy is offering lower (and more consistently) priced music, including $3.99 “daily deal” albums—which Amazon actually loses money on.
Quote:
While online album sales have grown by 13% this past year, physical CD sales have shrunk by 20%, so the music industry as a whole is on a decline. Streaming media services such as Last.fm, Pandora, or Spotify could account for the missing 7%.
Source

If you say anything about piracy Chunky gon' get you!
    
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post #2 of 24
People still pay for music?
Didn't think Amazon was doing that good, I hope they keep it up and give more competition for iTunes.

You broke two rules for posting in the news thread.
White & Source link joke.
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post #3 of 24
i dont know about anyone else but i buy ALL my music on hardcopy CD. not a fan of iTunes tyranny.
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post #4 of 24
I hate itunes. Craptastic.

Will continue to use CDs and DVDs until you can buy flac online. And even then, in Canada it's still legal to download your music so I test drive my music as much as I want before deciding what I next purchase next to purchase is Ayreon...
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post #5 of 24
I test drive my music on youtube. Buy songs I like on itunes.
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post #6 of 24
zune pass.

kthxbibi
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post #7 of 24
Quote:
While online album sales have grown by 13% this past year, physical CD sales have shrunk by 20%, so the music industry as a whole is on a decline. Streaming media services such as Last.fm, Pandora, or Spotify could account for the missing 7%.
LOLWUT?
I don't necessarily disagree with the statement I've emphasised above - I don't have any figures to confirm or deny. What I have a problem with is they way they've drawn that conclusion.

Online album sales have gone up by 13%. CD sales have gone down by 20%. This does not mean that the music industry as a whole is declining. IIRC, more music is sold in digital format than in physical now.
A 13% increase in a larger figure can outweigh a 20% decrease in a smaller figure. If that's the case, it does not mean that the industry is declining, but that it's shifting from physical to digital, which is what we expect to happen.
Also, it says "online album sales" and "physical CD sales" which indicates a bias - online doesn't include singles, whereas CDs do, which would understate the growth in the online sales market.

Now again, I don't have figures to back me up, so they could be right - it could be that the industry is declining; having listened to some new music I wouldn't be surprised - but that would be by coincidence because, in the article, there simply isn't enough data to back up the claim that the industry is declining.
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post #8 of 24
Quote:
Originally Posted by [Adz] View Post
LOLWUT?
I don't necessarily disagree with the statement I've emphasised above - I don't have any figures to confirm or deny. What I have a problem with is they way they've drawn that conclusion.

Online album sales have gone up by 13%. CD sales have gone down by 20%. This does not mean that the music industry as a whole is declining. IIRC, more music is sold in digital format than in physical now.
A 13% increase in a larger figure can outweigh a 20% decrease in a smaller figure. If that's the case, it does not mean that the industry is declining, but that it's shifting from physical to digital, which is what we expect to happen.
Also, it says "online album sales" and "physical CD sales" which indicates a bias - online doesn't include singles, whereas CDs do, which would understate the growth in the online sales market.

Now again, I don't have figures to back me up, so they could be right - it could be that the industry is declining; having listened to some new music I wouldn't be surprised - but that would be by coincidence because, in the article, there simply isn't enough data to back up the claim that the industry is declining.
I was thinking the same thing sort of. Your right, you can't just draw that conclusion from those percentages.
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post #9 of 24

that is all
post #10 of 24
Quote:
Originally Posted by xMEATWADx95x View Post
i dont know about anyone else but i buy ALL my music on hardcopy CD. not a fan of iTunes tyranny.
I totally would but I has no job ;_;

I'm a quality freak when it comes to mah audios
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