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The United States has remained the biggest market for recorded music in IFPI history, except in 2010 when Japan topped the list. The largest Asian music market, Japan has always [vague] stayed within the top two. The other largest music markets by region include the United Kingdom in Europe, Australia in Oceania, and Brazil in South America
Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. [ 1 ] [ 2 ] [ 3 ] Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.
Musicians working in a recording studio An audience watching a concert. The music industry refers to the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators.
Direct-to-fan is a business model used by independent musicians, independent music labels, music marketing professionals, promoters, and others in the music industry.Direct-to-fan is also becoming a model used by the broad definition of artists, including comedians, visual artists, and other entertainers looking to build and leverage a fan community throughout their career.
CD Baby was founded in 1998 by Derek Sivers during the dot-com craze. [5]In 2000, it moved to Portland, Oregon, where they remain headquartered today. In 2004, CD Baby began offering a digital music distribution and became an early partner of iTunes.
Amuse's proprietary technology platform uses the streaming data from digital music distribution services to partner with independent artists with momentum. [1] When the company discovers music it can help grow, Amuse's Artist Services team offers the artist a tailor made licensing deal, including services like funding, artist marketing and rights management, in return of a revenue split.
Record labels may be small, localized and "independent" ("indie"), or they may be part of a large international media group, or somewhere in between.The Association of Independent Music (AIM) defines a 'major' as "a multinational company which (together with the companies in its group) has more than 5% of the world market(s) for the sale of records or music videos."
As the independent music distribution arm of Warner Music Group, ADA Worldwide was created in 1993 as a joint-venture between WMG and Restless Records [3] to offer a distribution system and marketing, merchandising, promotion, and music licensing services. In January 2008, ADA acquired Insound, an online music retailer. [4]
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