Digital Music celebrates a huge mile stone

Recently, the music business celebrated a huge milestone as it has registered its very first revenue increase since the year 1999, across the world. But it the midst of all celebration, there is one region that has failed to join the party - its Africa. Digital music, which responsible for the melioration in the industry’s brighter outlook, but it has failed to catch on most places in Africa.

But that scene may change very soon, as new international and local digital music services expand or open, suggesting that music industry investors and executives see potential for revenue.

Netherlands records biggest growth

The digital music market of Neatherlands has now registered the highest growth among all other top European markets in the year 2012. This report was made public by IFPI (International Federation of the Phonographic Industry). The important findings of the research reveals that the growth spotted in Netherlands throughout 2012 was the top most in Western Europe (i.e. +66%).

Amazon up for digital music war with iTunes

There is no doubt that digital music has gone global these days. In the last few years, many studios have been made and more importantly, the market of digital music is rising day by day. There is also no doubt on the fact that iTunes is the undisputed leader of digital music. Some say that they are really a benchmark for the industry. And gadgets like iPad, iPhone and iPod makes it more successful.

Neil Young’s new digital music service

Neil Young, the well known rocker, is determined that he will provide digital music fans a quality alternatives to MP3 players and iPods after making a better service that will be launched in the year 2013.

Digital music getting popular

The time when David Bowie predicted in the year 2002 that music would turn into a commodity just like electricity and water. He showed business which is as strong as his writing. In most parts of the world, now the music consumers prefers to access music at the touch of a button – like via mobile devices or computers.

Even in South Africa, the value of recorded music fell by around R500m previous year. Last year, analysts called this change from physical to digital distribution. In South Africa, around 85 per cent music sold through call phone.

Music Industry’s approval to Muve

Spotify, a digital music company has been in the news for providing online free songs to users, is now in the spotlight for making this business legal. It has been permitted by the music industry to allow listeners download songs legally. Muve Music is yet another undertaking which has targeted the mobile device owners in the same arena.

Gary Barlow Is Ready To Perform

British singer and song-writer Gary Barlow is all set to perform on this week’s Superstar. He will perform with five left over talents on the show. He will be playing piano for those five contestants. The show will be telecasted on Monday night.

Artists to gain profit

Inspite of the controversial lawsuits, ReDigi has declared that artists will enjoy the profits from the resale of the digital music copies. This is known as “Artist Syndication Program.” The program is intended to “directly support artists” by enabling them to earn profits from the resale of music in the secondary market. ReDigi will share twenty percent of the profits as transaction fees, every time the track sells or is resold.

Ishaqzaade Bagged By Sony Music

The digital music rights of Yash Raj film, "Ishaqzaade" has been taken by Sony Music Entertainment. The film is one of the most anticipated films of the year and stars Arjun Kapoor (son of Boney Kapoor) and Parineeti Chopra, who made her debut in Ladies Vs Ricky Bahl. The film is directed by Habib Faisal who also directed Do Dooni Chaar and wrote the script of Band Baaja Baaraat. The film is a story of two people who hate each other to a great extent only to fall in love later on.

FLIPKART LAUNCHES FLYTE

One of India's largest e-commerce player for physical goods Flipkart.com has ventured into downloadable content market by launching a digital music store called Flyte. The digital music store will allow users to find out and download music in form of individual songs or entire albums through a collection which is backed by several leading Indian and international music firms.

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