THE CHANGE OF CD SALES

How the sales of Cd’s have changed over the past decade

BEFORE DIGITAL DOWNLOADING

Before Digital downloading, most sales were made off CDs

In 2000, over $37 Billion made from CD sales.

Lots of CDs and Digipaks were collected by fans.

Piracy was a lot harder to do, and easier to catch.

People had to make physical pirated copies onto blank CDs

RISE OF TECHNOLOGY

Due to the rise and innovation of technology, file sharing and downloading has become increasingly easier and common.

Now most music is bought online, resulting in the decrease of the physical sales of CDs; This has lead to the CD section of the industry slowly fading away.

Technology has also made it easier for people to pirate music. However instead of buying pirated copies, individuals can pirate music themselves by using sites such as “PirateBay” and “YouTubeConverter” to illegally download the music themselves.

This has made artist rely more on sales of concerts instead of sales of CDs.

CD SALES GRAPH

CD SALES VS DIGITAL SALES

LEGAL MUSIC SITES

Spotify

Itunes

ITUNES

Artist who sell physical copies of their albums make 100% of the profits

Artists who sell their music through Itunes lose a lot of profit for each song they sell.

For a song selling for $9.99, the artist will only make $0.94 of profits, records company makes $5.35, and Itunes takes the remaining $3.70

SPOTIFY

A music streaming site where customers have access to an incredible amount of music in an expensive way.

Artists do not profit that much from Spotify. It would require an artist music to be played

4,053,110 times on Spotify in order for an artist to make minimum profit

HOW ARTIST MAKE MONEY

Make majority of their money from concerts, tours, and royalties.

Some artist create their own record labels to cut out the middleman and raise their personal profits.

Popular artists can profit up to $1.5 million a concert

Less popular artists profit an average of $10,000 per concert