Competition Between Independent and Traditional Publishing
Independent music sales volume is difficult to track, but in 2010 independent retailer CD Baby claimed to have sold over 5 million CDs during its lifetime. CD Baby no longer reports its number of CDs sold, but in 2010 claimed to have paid a total of $107 million to artists over its lifetime and currently claims that this figure is now over $200 million.
Apple has announced the they have sold over 16 billion songs through their iTunes service. Most of this is “mainstream” music, and doesn't reflect access by new content producers to the market, but it does indicate significant competition with traditional CD sales.
Whether the sales from non-traditional sources come mostly from tapping into an expanding market or from siphoning sales away from traditional CD distribution is difficult to assess in the face of the RIAA's claim that music piracy causes 12.5 billion dollars damage to the US economy annually.
Read more about this topic: Independent Music
Famous quotes containing the words competition, independent, traditional and/or publishing:
“Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.”
—Walter Savage Landor (1775–1864)
“Nevertheless, in the Lord woman is not independent of man or man independent of woman. For just as woman came from man, so man comes through woman; but all things come from God.”
—Bible: New Testament, 1 Corinthians 11:11.
In v. 9, Paul wrote “Neither was man created for woman, but woman for man.”
“The community and family networks which helped sustain earlier generations have become scarcer for growing numbers of young parents. Those who lack links to these traditional sources of support are hard-pressed to find other resources, given the emphasis in our society on providing treatment services, rather than preventive services and support for health maintenance and well-being.”
—Bernice Weissbourd (20th century)
“While you continue to grow fatter and richer publishing your nauseating confectionery, I shall become a mole, digging here, rooting there, stirring up the whole rotten mess where life is hard, raw and ugly.”
—Norman Reilly Raine (1895–1971)