Techerous

My name is Bill, I am a recent graduate in Information Sciences and Technology from Penn State University and this is a place for me to post or give my 2 cents on the fascinating world of technology. I am now working for a pretty big technology related company whose name I will leave out just to avoid any possible complications, however far-fetched them happening may be. Music gets included from time to time as well.

February 26, 2013 10:50 pm
Music Industry Reports a Rise in Sales, Crediting Digital

infoneer-pulse:

The music industry, the first media business to be consumed by the digital revolution, said on Tuesday that its global sales rose last year for the first time since 1999, raising hopes that a long-sought recovery might have begun.

The increase, of 0.3 percent, was tiny, and the total revenue, $16.5 billion, was a far cry from the $38 billion that the industry took in at its peak more than a decade ago. Still, even if it is not time for the record companies to party like it’s 1999, the figures, reported Tuesday by the International Federation of the Phonographic Industry, provide significant encouragement.

“It’s clear that 2012 saw the global recording industry moving onto the road to recovery,” said Frances Moore, chief executive of the federation, which is based in London. “There’s a palpable buzz in the air that I haven’t felt for a long time.”

» via The New York Times (Subscription may be required for some content)

Interesting how services such as Spotify are starting to have the effect the industry was hoping they would. However it would be nice if we found a way to turn it around that really rewarded the artist again as the royalties received from Pandora and Spotify are ridiculously small.

July 5, 2012 10:54 pm
"Music exists in a sweet spot between commerce and culture, individual and collective effort, identity and industry, and digital and analog – it is the perfect art-form to create an infinite Internet controversy."

Locus Online Perspectives » Cory Doctorow: Music: The Internet’s Original Sin

One of the most thorough and all-encompassing articles I have read on the state of ethics in the modern music industry.