Sunday, May 11, 2008

My Blue Pie Music & MP3 Downloads:

My Blue Pie Music & MP3 Downloads:

Mp3 downloads are responsible for probably the biggest change in music buying habits since the invention of vinyl. Whether it will be good or bad for the industry is a matter of some dispute, but it has happened, and a period of adjustment is inevitable whilst the old guard find their feet.

With a philosophy of community spirit and openness, Blue Pie and our digital store My Blue PIe Music we connecting to our customers in new and exciting ways.

This direct connection is crucial, both to consumer and retailer, and this has not changed since the days of physical record purchases. What has changed, however, is the amount of choice available to mp3 purchasers. This is best explained by the theory of “The Long Tail”, first theorised by Chris Anderson; to paraphrase, the internet is about selling small amounts of many goods, rather than large amounts of a few goods.

To help customers through this huge amount of independent and often undiscovered content, Blue Pie has been creating a true community network.

Selling to the “Long Tail” or niche market is where Blue Pie really comes into its own. With a large collection of back catalogue mp3’s, some unavailable anywhere else, and indie labels clamouring to join the the My Blue Pie Music stores, there is music from Every Genre for Every Generation.

Music is offered in non-DRM high quality mp3 format. High quality mp3’s are worth paying for, and we believe this coupled with our diversity of content, value for monty service and promotions from labels all over the world place us in a unique place to be able to look after the most important aspect of the business food chain ... THE CUSTOMER.

Check out the store and our 14,000 + labels that we have represented from majors to indies. wwww.mybluepiemusic.com

Thanks for taking the time to read my Blogg

Damien

Saturday, May 10, 2008

Losses widen for WMG as mobile revenues slacken !

Losses widen for WMG as mobile revenues slacken !

This is time for the boys up top to take note from the leaner and meaner digital labels.

Warner Music Group has announced revenues of $800 million for the first quarter of 2008, up 2% from Q1 2007. However, the company's losses grew to $34 million from $27 million year-on-year. Digital revenues were up by 47.6% to $155 million for the latest quarter, and are now accounting for 23.8% of WMG's total music revenues. 65% of WMG's digital sales are in the US, with 35% international. However, WMG described mobile music revenues as "soft", with ringtone sales on the slide, and full-track mobile downloads failing to make up for it.

In Q1, WMG's mobile music revenues were $46.5 million, down from the $56.4 million in Q4 last year.

To me this all means opportunity. WMG will continue to struggle until they stick to a set strategy. At the moment the top is being led by the market and scrambling to adapt, move to its demands as opposed to tapping into the rich veins of digital business that exist in the market by forming strong alliances with the Telco and mobile handset makers.

Damien Reilly

Source: Musically
Source: PaidContent
Source: MocoNews