The Recording Industry Association of America has released its numbers for 2013. You can find the U.S. report here. It shows that even with digital downloads, subscriptions and streaming, the industry revenues are, at best, holding even in the U.S. after many years of decline. The overall picture shows an industry still in retreat.
From the music industry blog a few weeks back:
The IFPI and RIAA today released their annual music sales numbers. Though there are positive signs, overall they make for troubling reading
- Total sales were down 3.9%. Based on 2012 numbers the trend suggested that 2013 revenues should have registered a 2% growth, so that is a -6% swing in momentum.
- Digital grew by 4.3% which was not enough to offset the impact of declining CD sales, which has been the story every year since 2000 except last.
- Download sales declined by 1%. Continued competition from apps and other entertainment, coupled with subscriptions poaching the most valuable download buyers is finally taking its toll.
- Subscriptions up by 51%: An impressively strong year for subscriptions but not enough to make the digital increase bigger than the physical decline on a global basis nor in key markets, including the US.
A similar trend can also be seen with the most recent data from the Camera and Imaging Products Association (click on the chart for a larger image):
There were a number of factors that negatively impacted music sales. Increased competition for entertainment from TV, movies, gaming consoles, etc. The relative ease of copying and sharing digital audio. The reluctance of the consumer to pay for recorded music. The inability of the industry to quickly embrace new digital distribution models. One of the major factors was the emergence of portable digital music players. The convenience of carrying a music collection without the bulk of hundreds or even thousands of CDs created a dramatic shift in consumer behavior as well as a new business model that relegated the industry to a very different role namely as a provider of catalogs with sharply reduced profits.
And now the same thing is happening to digital still cameras. The new point and shoot camera is the smartphone. And the impact on the camera industry is no less dramatic than what happened to the music industry.
Digital decline and digital disruption. Both at the same time.
Finally. The latest start to my outdoor riding since I began keeping records: April 10th, 2014. Since April 10th, I have logged seven rides in 11 days with a modest accumulation of 250 kilometres. Average heart rate is not so bad for the first few rides: 137 bpm. Average speed for April is down from last year: 25.3 kph versus 27 kph. And cadence is down for some odd reason: 82 rpm versus 87 rpm.
I had a few physical setbacks this year particularly with the repetitive strain injury that emerged during December and January. I had to hold off on any significant training for almost two months. That clearly had an impact on cycling performance. I am about two months behind in my numbers.
And I noticed the lingering pain of that RSI on the first week of riding this year. Seems fine now on the last few rides.
Regardless of the weather and the mixed start to the season, it is wonderful to be back outside and riding. To me, this signals the end of winter and the start of spring.
On Mon, Apr 14, 2014 at 2:57 PM, Unsolicited Email <email@example.com> wrote:
Greetings ! Please allow me to introduce myself – my name is Unsolicited Email and I work at Some Consulting Inc, NYC a subsidiary company of Some Technology Company (STC), New Delhi, India.
Is there a possibility of utilizing our SFDC/Force.com/ Mobility Development & Support Services, from our offshore facility ? We could handle SFDC Development, SF Admin Support and Production Support.
Can you suggest a timeslot for a telephonic discussion?.
I look forward to your response. Thank you for your time.
From: Richard Cleaver
Date: Usually dozens of times a day
Subject: Thank you for your note
To: Unsolicited Email
Thank you for your note.
Ultimately, the ETA for a qualified interaction via FDDI/VOIP handset interconnectivity would require a culminating intersection of two spheres of interest — both mutual as I am certain you would concur — to obtain the maximum ROI from any SFDC/Force.com/Mobility Development & Support Services opportunities regardless of whether such opportunities were contained within domestic boundaries or extraneous to continental geographies.
As such, a timeslot for a telephonic discussion would require a more involved exploratory analysis of the meta properties associated with both the passage of time and the ability to position time at a fixed point and device particularly one that would satisfy our respective registers as well as ephemeris time. And that presumes a level of qualification and motivation that is remarkably absent from both my level of interest and the proposed agenda.
The view outside our company building. Something seems a bit different — likely some cuts in the city’s infrastructure budget. The main street still shows a lot of sand from the winter. They really need to clean the roads.
Oh, and a few more shots from the set of Haunted Peak now shooting in Kingston, Ontario.
Haunted Peak is shooting a scene in Kingston Ontario. They are transforming the downtown market square as well as one of the main streets in Kingston. They are converting the town into a site that is suitable for the early 1900s location of the movie. Right down to bringing in dirt for the roads.
Here are a few photos from the transformation in progress in our town. Click on an image for a larger photo and slideshow.
Here are a few shots of my studio at home. I love working in this space. Quiet, comfortable and very functional.
I was at Noble Street over the weekend to finish up some tracking as well as to complete the photo shoot. Here are a few images from the photo shoot. Click on an image for a larger photo and slideshow. Noble Street is my favourite recording studio in Toronto. Highly recommended.
Mixing is not that hard. You just have to find the magic fader.
And what else do I see in the mix room? Yes, a new pair of Barefoots. They seem to be showing up at a lot of studios these days.