Http://youtube.com/watch?v=_ErYRtuMuP0.

Slides:



Advertisements
Similar presentations
MP3 Critics Web-Based Music Downloading Services CSCI 110 Dr. Bowring Matt Lyons Jarrett Bouchette Brittany Bridges.
Advertisements

A Brief Timeline of Music Formats
THE AFTERMATH OF P2P NETWORK DOWNLOADS IN THE MUSIC INDUSTRY AND RIAA {THE NEW DIRECTION OF THE INDUSTRY}
Living in an MP3 World Presented by: Jacob Thurston Project 18 – MP3 Players 3/8/12.
VET Music: Work Opportunity Gus Campbell. Trends and emerging technologies in the music industry introduction As technology gets better and better in.
Pirates of the Internet. Introduction - Francisco Escobar What is Copyright Infringement? Copyright infringement in the classical sense is the unauthorized.
How to thrive & survive as a public relations practitioner.
(c) Jakob Iversen, 2003 Online Music Industry 311: Fall 2003.
Internet Piracy: A New Type of Theft. Presentation Outline Introduction Piracy Hierarchy Facts and Figures Justifications Impact on Industries What You.
Business Statistics - QBM117 Scatter diagrams and measures of association.
Cost Behavior, Activity Analysis, and Cost Estimation
MUSIC INDUSTRY Oligopoly – the Big 4 Universal Sony BMG Warner EMI Economies of scale Both vertical & horizontal integration.
The Evolution of technology, digital content and copyright By Elan Oren.
Copyrights1 By Saud Al-Harbi & AbdulAziz Al-Shamrani.
© 2005 UMFK. 1-1 Napster internet business models text and cases Jeffery T. Pelletier.
Mark Pendolino COM 538 – Digital Media Theories Marketing Music Today: The Effect of New Media on the Marketing and Promotion of Musical Artists.
Marketing Research Unit 7.
Applied Business Forecasting and Planning
Digital Music Distribution By: Gregory Javardian, Andrew Kelly, Colin McGrail, Nicholas Mortimer, Daniel Zantzinger.
1 Competitive Analysis of Apple’s iPod and iTunes.
Inbound Statistics Slides Template Resources for Partners.
Digital File-Sharing: What Has Been/Will Be Its Impact? Stan J. Liebowitz School of Management University of Texas at Dallas Copyright Society Meetings.
The Digital Takeover: Online Media Downloads & File Sharing -Maliq Kendricks.
Market Research and Product Development
Part 5: The Recording Industry. Chapter 17 Start Thinking... How are the music charts (Top 100, Billboard 200, etc.) compiled? Who compiles this information?
Paul Kelly CIS Music Piracy  Music Piracy  File Sharing  Peer-to-Peer  History of illegal music Downloads.
© Folens 2008 Cultural changes in music Brought about by ICT.
Group members Pubudu Dissanayake Imesh Fernando Hasitha Dananjaya Kavindu Dewpura Prasad De Silva.
Product Development Sports and Entertainment Marketing.
Ben DiSera.  From 1999 to 2009, music sales and licensing dropped $8.3 million dollars. ◦ This number started at $14.6 million and dropped to $6.3 million.
VIRTUAL BUSINESS RETAILING
The Evolution of Video Game Development Research by Jariel Ortiz, Academia Bautista de Puerto Nuevo, San Juan, Puerto Rico Research Mentor: Prof. Irma.
+ Social Media and The Live Music Experience Sarah Greenberg #uwsmc Treatment Nov. 9, 2011.
New Media Technology: The Impact on the Music Industry Aims: To discuss the impact new technology has had on the music industry. “Digital Download Culture”
Copyright © 2008 by Nelson, a division of Thomson Canada Limited SECONDARY DATA RESEARCH IN A DIGITAL AGE Chapter 6 Part 2 Designing Research Studies.
The Long Tail Theory Applied to the Music Industry. Georgia, Ellen and Sophia.
Section 6.4 ~ Ideas of Risk and Life Expectancy Introduction to Probability and Statistics Ms. Young.
Downloading Digital Media
Is Product Placement $aving the Music Industry? Eden Pearson Sean Leahy.
RESEARCH INTO THE MUSIC VIDEO INDUSTRY. MUSIC VIDEO INDUSTRY PORPOSE: A music video or song video is a short film integrating a song and imagery, produced.
The Business of Music Promotion By: Demetri Nerris.
Chapter 13 Marketing in Today’s World
Chapter Seven: Radio, Recording, and Popular Music
Music Industry and Audience Consumption Aims: To examine how music audiences are changing in the 21 st Century.
Exam Unit G % of A2 - 2 hour exam marks - (50/50) Section A: Theoretical Evaluation of Production Section B: Contemporary Media Issues (Online.
A presentation on an article excerpted from The Wall Street Journal; by Chelsea Eggenschwiller, Ryan Damman, & Kyle Foley.
 Music media for storing music has been constantly changing. Why? Companies have been trying to make it more convenient.
By nursaba chowdhury Audio books. Why should you distribute an audiobook in a digital (MP3) and physical (CD) format? The reason why audiobooks are better.
MEDIA BY DAVID TEMBO. OBJECTIVES  Description on the current state of the media  Explain in detail Reasons:  File sharing  Piracy  Digital media.
Read to Learn Describe the kinds of market research a company may use. Identify the steps in developing a new product.
Economic Data Sources on the Internet Su, Chapter 3.
How did you use new media technologies in the construction and research, planning and evaluation stages? Evaluation Question 4.
The music player has been around for a very long time. There have been many changes to it and some changes allow music players to do so much more then.
New Media Technology: The Impact on the Music Industry
8.Internet File Sharing: Napster and friends 9.Multi-channel audio: DVD-Audio and SACD.
Marketing Research The Process. Marketing Research Is Important, Blah Blah Blah… Now What? 1. Define the problem/Set goals 2. Gather data 3. Analyze the.
Marketing Trends MARKETING I. What is a Trend?  General direction that something is moving towards  Veer in a new direction  General change or new.
Week 7: Delivery of Information Goods MIS 3580: Internet-Enabled Supply Chains Prof. Sunil Wattal.
The Long Tail Theory Chris Anderson (2006) VIDEOGAMES Lauren, Martin and Shannon.
Chapter 29 Conducting Market Research. Objectives  Explain the steps in designing and conducting market research  Compare primary and secondary data.
THE ROLE OF MASS MEDIA IN FORMING A PERSONALITY. The mass media are all those media technologies that are intended to reach a large audience by mass communication.
Computers In The Music Industry By: Matt, Chase, and Courtney.
Creative ICT – Year 8 Lesson 10 Uploading Work.
Napster Intellectual Property Rights vs. Music for Free
DIGITAL ENTERTAINMENT
THE STRUGGLE OF THE MUSIC INDUSTRY
Stock Market Presentation (Part 2)
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Presentation transcript:

http://youtube.com/watch?v=_ErYRtuMuP0

CD Sales vs. Digital Downloads By: Kevin Misner and Kevin Wilson

Introduction Recently, CD sales have reached an all time low. The increasing amount of digital downloads every year has led to the decrease and fall of CD sales. We will be analyzing how the Canadian industry and artists are suffering from digital downloads and lower CD sales. We will also observe legal digital downloading and which legal music downloading providers, such as iTunes, download the most and how prevalent they are today. We will also examine how music lovers purchase there music in the 21st century, and what the future holds for the music industry and CD sales.

Procedure Almost all of our sources came from the internet, except for one: a media analyst named Todd Beals. He gave us statistics he had collected from many sources, as well as advice. Our main sources of info were from: RIAA, CRIA, Nielsen Soundscan, Bridge Ratings, azoz.com, Creative Media and StatsCan.

Procedure: Cont’d We didn’t use: 1980’s CD sale statistics, CD sales per popular recording artist and we didn’t use any data regarding just cassette or vinyl sales. We calculated data by putting the data into a graph in excel or fathom. From there we calculated: the mean, standard deviation, line of best fit, r2, z-score and regression.

Presentation of Data: Downloaders by Age

Total CD Sales Per Country

New Releases

Music Sales by Genre

Digital Track Sales

Share of U.S. mp3 Market

Media Purchase Trending

RIAA Sales Projection

Conclusion There were various new ideas we found while analyzing our data, such as: Digital downloading will succeed CD sales in profit for music companies. The Canadian music industry has begun to stabilize thanks to legal digital downloading. Record Companies have minimized the amount of new releases since 2000.

Conclusion: Cont’d Some outliers we discovered while analyzing our data were: Teenagers and high school students. 2015 expected profit from digital downloading. The 2002-2003 new release drop.

Conclusion: Cont’d In conclusion, ever since downloading came into the mainstream in 2000, CD sales have fallen dramatically. It has caused the music industry to reduce the amount of new releases they could release over the past 7 years. There is a new generation of music purchasing that's taking over the previous method of CD buying. We also concluded that the amount of illegal downloading will not decrease and it won’t cause the music industry to fall to its knees.

Evaluation of Techniques and Sources There were a few possible inaccuracies we discovered in our data, like: 130 000 000 000 dollars made through digital downloading in 2015. A lot of our data was outdated, and could only be found between 1990 and early 2000’s There were not many biases or inaccuracies in the sources we found. Our data came from highly popular, legitimate organizations.

THE END PowerPoint made by: Kevin Misner and Kevin Wilson Sources: RIAA CRIA Nielsen Soundscan Bridge Ratings Creative Media StatsCan Special Thanks to: Todd Beals