The DMDS Team Blog

26Oct/110

The digital music revolution vs. the physical music capitulation

Do you remember when you needed to go to a music retail store in order to buy an album? Do you recall how ticked you would get if your favourite artist-album was sold off the shelves?  Well, as we know there is no way that it happens now because you can easily get it online. Actually, if you go to a retail music store is more because you don’t have anything else to do at the moment and want to kill the time – or because you have a crave for submerging yourself in some sort of music exploration or digging in whatever come across to you at the store.

The point is that physical music is expected to keep dropping while digital music trends – mostly distributed to promotional outlets by DMDS and sold through iTunes – will continue to rise. So, the argument of whether digital music right now is more trendy than physical is an argument that has been getting a lot of attention.  Whatever the situation, the fact is that digital music is quick and easy to be distributed, bought, and accessed from anywhere – a music revolution that got its big break thanks to different key creators/creations such as Yangaroo’s DMDS, Steve Jobs and the iPod.

We at Yangaroo see digital music growing but believe some recording artists and label records would still “struggle” as they fail to understand how to thrive in the digital world. However, we believe that there is still plenty of time to get on the board with digital music platforms and learn how to better take advantage of the digital tools and services available.

According to a recent blog from AltaVoz Distribution, “U.S. recording industry revenues for physical music in 2010 were $6.4 billion dollars, in comparison to $5.2 billion in U.S. digital revenue.  The worldwide statistics have a much wider gap.  For 2010, worldwide physical revenue brought in a staggering $22.2 billion dollars.  Worldwide digital music revenue only brought in $12.9 billion.  These numbers show that while digital music is popular and is a growing sector, physical music will always have a fan base.”

It means, digital music distribution is still not ruled by digital platforms but, eventually, we will get there! In the mean time, you have time to get prepared - and we are here to help you to take full best advantage of it!

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