Hernán wrote:On the other hand, something that is interesting to note is that Queen don't seem to be a strong vinyl seller in this current "vintage" sales climate where that old format is showing signs of a comeback. They released their first two hits compilations recently, they are doing fine in different parts of the world, but not particularly great.
A lot people focus on vinyl as if they were the "future of music" or something like that.
The fact is that vinyls are helping the music "industry" on a very small scale. But even with that, physical sales are still falling; they are falling less quickly than in previous years, but they are declining nevertheless.
According to the IFPI 2015 Year-End report, published a year ago, these were the numbers and percentages achieved by each music segment:
Physical sales: -4,5% at $5,8 billion
Digital sales: -10,5% at $3 billion
Streaming: +45,2% at $2,89 billion
Other digital revenues: +9% at $0,8 billion
Performance rights: +4,4% at $2,09 billion
Synchronization revenue: +6,6% at $0,4 billion
As you can see, even with a seemingly vinyl resurgence, physical sales dropped 4,5% in 2015 (they were dropping 10+% years before). And traditional digital downloads are also losing ground.
The most dynamic sector, not surprisingly, is the streaming market which overall registered a massive 45,2% increase in 2015 compared to 2014, which had already beaten 2013 by a huge margin.
Overall revenues generated by the music business had been $14,5 billion in 2014 and they went up to $15 billion in 2015. This may look as a mild increase. But it is very impressive if you consider that both physical and traditional downloads sales showed decreases. Translated: the streaming market compensated the drops on the other sales avenues.
So let's make no mistake. The vinyl's resurgence is a nice thing, but it isn't really where the future of the business is. Not at all.
A great share of vinyls bought these days are never listened to, they work as a nice decoration, but not really much more than that. Anyway, I hope they keep increasing and Queen reach good numbers on that territory, personally I don't think it is all that important.
And when this transitory phenomenon passes, a bunch of catalogue acts will suffer it. Queen, not particularly huge on that segment, won't.
Loris1985 wrote:Another country in which Queen are in a good form is surely Mexico.
Bohemian Rhapsody has a great success on Spotify and Greatest Hits registered important data in 2016. It got #92 among the most selling albums of the year.
Source: https://web.archive.org/web/20170118213 ... al/100.php
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