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:
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—T. Berry Brazelton (20th century)
“[My father] was a lazy man. It was the days of independent incomes, and if you had an independent income you didn’t work. You weren’t expected to. I strongly suspect that my father would not have been particularly good at working anyway. He left our house in Torquay every morning and went to his club. He returned, in a cab, for lunch, and in the afternoon went back to the club, played whist all afternoon, and returned to the house in time to dress for dinner.”
—Agatha Christie (1891–1976)
“There are two kinds of fathers in traditional households: the fathers of sons and the fathers of daughters. These two kinds of fathers sometimes co-exist in one and the same man. For instance, Daughter’s Father kisses his little girl goodnight, strokes her hair, hugs her warmly, then goes into the next room where he becomes Son’s Father, who says in a hearty voice, perhaps with a light punch on the boy’s shoulder: “Goodnight, Son, see ya in the morning.””
—Letty Cottin Pogrebin (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)