January 2012
24 posts
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There can be no gainsaying of the fact that a great revolution is taking place...
– MLK Jr, 1968 via Digital Music News
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30 music startups set to rock MIDEM →
Via TNW
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Sirius XM Radio added 1.7 million subscribers in 2011…
– “…a healthy addition that brings the overall subscriber base to 21.9 million.” Via DMN
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Bandcamp powered artist sales of $1 million in... →
“Bringing cumulative sales to $12.6 million. The company pointed to numerous examples of fans purchasing music and merchandise after initially intending to get it for free.” Via DMN
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"Listen with Friends" on Facebook
You can now synchronously listen to music with friends on Facebook, and jump into a track when you see a friend listening to a song in your ticker. Turntable.fm is “flattered.”
Via TechCrunch
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Album unit sales actually grew in 2011 in the US.
– Via DMN
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Music startups snagged $458.8M in 2011...
At the top of the list of most funds raised:
1. Spotify with $100M
2. Beyond Oblivion with $77M
3. Eventbrite with $50M
4. Shazam with $32M
5. Rdio with $17.5M
Get the full rundown at DMN.
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Digital album sales went up 19.5% in 2011 →
…reaching a record 103.1 million units. Also noteworthy:
* 67% of album sales were physical CDs. That’s 223.5 million CDs out of a total of 330.6 million albums sold during the year.
* Vinyl sales grew 36.3% in 2011 to nearly 4 million units
Via DMN