How Much Will You Pay for Music in 2013
- Track price history. With the shift from physical to digital music, track price drops to zero.
1970-s Vinyl - $1.45.
1990-s CDs - $1.30.
2000-s iTunes/Amazon - $0.99.
2010-s Music streaming services - $0.00.
- Music services mushroom up.
In 2004 - 60.
In 2005 - 500.
Over the past 8 years the number of free music services has increased by 700%.
- They granted you free music.
2007 - Radiohead - "In Rainbows".
2008 - Oasis - "Dig Out Your Soul".
2009 - Coldplay - "Leftrightleftrightleft".
2010 - Kanye West - "Good Fridays".
2011 - Coldplay - YouTube concert.
2012 - Madonna - "MDNA" to every ticket buyer.
Music giveaways pioneered by Radiohead became a trend for world music stars.
- Free vs. paid.
Adele's track "Rolling in the Deep" got: 299.000.000 YouTube views; 1.000.000 Last.fm plays; 2.000.000 iTunes downloads; 6.000.000 purchases in music services; 18.000.000 CDs sold (300m vs. 26m).
Free track listens exceed all song purchases by 10 times.
- ... And the answer is.
Silence is golden; sound is free. Digital music spread for free has almost squeezed physical media. YouTube, Vevo, Pandora, Spotify, and dozens of other music sources have turned into the main distributors of all
possible audio tracks.
Of course there will always remain collectors ready to pay a pretty penny for limited edition records, but ordinary listeners have already made their choice by pressing "Stop" on paid music playback.
Created by Freemake, developer of free music software.
Sources: ifpi.org; wikipedia.org; musicradar; nytimes; telegraph.co.uk; madonnatribe.com; tuaw.com; mashable.com; apple.com; amazon.co.uk; spotify.com; blog.pandora.com; grooveshark.com; last.fm; coldplay.com;