World online music sales seen up 7 percent in 2011 (Reuters)

Nov 11, 2011

LONDON (Reuters) ? Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and iTunes gain momentum, technology research firm Gartner said on Tuesday.

But sales of CDs, hurt by piracy as well as paid-for online distribution, will continue to decline faster than can be made up for by digital sales, as the music industry struggles to adapt to consumers’ changing behavior, Gartner predicted.

By 2015, Gartner forecasts online music spending will rise to $7.7 billion from $5.9 billion in 2010. In the same period, consumer spending on CDs and other physical music forms is seen falling to about $10 billion from $15 billion.

“The music industry was the first media sector to feel the full impact of two major forces — the Internet and technology-empowered consumers,” Gartner analyst Mark McGuire said in a report.

“It has staggered through the first decade of the 21st century and entered the second bedraggled financially and facing a powerful set of intermediaries, which are creating borderless global ecosystems that defy the industry’s previous notions of control and monetization,” he wrote.

Many consumers took early advantage of the Internet to illegally share music through services like Napster, hurting music labels like Universal, Warner and EMI that still dominate the industry.

But the convenience of legal purchasing from stores like iTunes is increasingly encouraging consumers to pay for music and the big labels are also raising more money from live music, sending many stars who had given up touring back on the road.

In addition, a host of subscription services to streamed music like Spotify, Lastfm.com and Pandora are gaining popularity. These are often offered by third parties keen to exploit a new market, including Facebook and mobile operators.

Gartner expects subscription services to be worth $2.2 billion by 2015, accounting for 29 percent of all online music spending by consumers.

(Reporting by Georgina Prodhan; Editing by David Holmes)

Source: http://us.rd.yahoo.com/dailynews/rss/internet/*http%3A//news.yahoo.com/s/nm/20111108/en_nm/us_onlinesales

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PhotoBlog: World?s biggest music festival opens in Rio de Janeiro, Brazil

Sep 27, 2011

RIO DE JANEIRO (AFP) – About 100,000 people turned out Friday in Brazil for the start of the world?s biggest music festival, Rock in Rio, featuring an all-star line-up including Rihanna, Katy Perry and Coldplay.

Felipe Dana / AP

Fans watch American hard rock band Stone Sour perform at the Rock in Rio music festival in Rio de Janeiro, Brazil, Saturday Sept. 24, 2011.

The event is expected to attract 700,000 people over its week-long run, with around 100,000 a day turning out to see some of the biggest names in pop and rock belting out tunes on Rio de Janeiro?s shoreline. The mega-show ? sold out to ticket-holders paying from $50-100 ? is taking place in the ?City of Rock?, a specially built venue on the site of what will be the future Olympic Village when Rio hosts the 2016 Summer Games.

Felipe Dana / AP

Gary Lightbody of Northern Ireland’s alternative rock band Snow Patrol performs during the Rock in Rio music festival in Rio de Janeiro, Brazil, Saturday Sept. 24, 2011.

?Hello Rio!? Perry screamed to the delight of the fans after launching her set with her mega-hit ?Teenage Dream.? The US pop princess took the stage after several local acts and a fireworks display to kick off the night.

Elton John and Rihanna also performed on the event?s opening night.

Felipe Dana / AP

A fan listens to the performance of jazz bassist and singer Esperanza Spalding at the Rock in Rio music festival in Rio de Janeiro, Brazil, Saturday Sept. 24, 2011. The festival, which runs through Oct. 2, includes performances by Katy Perry, Rihanna, Stevie Wonder, Red Hot Chili Peppers, Metallica, Guns N’ Roses and Coldplay.

Other artists to follow later in the week include Lenny Kravitz, Stevie Wonder, the Red Hot Chili Peppers, Jamiroquai, Metallica, Maroon 5, Guns N? Roses, and top Brazilian singers such as Ivete Sangalo.?Rock in Rio is to Brazil what Woodstock was to the world,? one of the organizers, Roberta Medina, said.

Buda Mendes / Getty Images

Singer Rihanna performs on stage during a concert in the Rock in Rio Festival on September 23, 2011 in Rio de Janeiro, Brazil.

While still by far the biggest event of its kind on the planet, the size of this year?s Rock in Rio is half that of its first edition in 1985, when a staggering 1.4 million people saw AC/DC, Iron Maiden, Rod Stewart and ? to great enthusiasm ? Queen.

A video of Queen performing ?Love of My Life? in 1985 was shown at the start of Friday?s concerts, earning an ovation from the crowd.

The second festival, in 1991, filled Rio?s famed Maracana football stadium with a total audience of 700,000 people and 44 bands. The last one held in Rio, in 2001, attracted 1.2 million people.

Buda Mendes/ Getty Images

Singer Elton John performs on stage during a concert in the Rock in Rio Festival on September 23, 2011 in Rio de Janeiro, Brazil. Rock in Rio Festival comes back to Brazil after ten years.

Following the huge initial success, Portugal and Spain have also held festivals called Rock in Rio since 2004.

Rio?s organizers plan to hold more editions closer together in the future, already confirming Rock in Rio festivals for 2013 and 2015.

?I came more for my daughters, who love Rihanna and Katy Perry,? said 38-year-old Juliana Favero. She said she would be back in a week?s time to hear Kravitz and Sangalo.

Stars turning up to perform were making the most of Rio?s sunny beaches and effervescent nightlife.

Rihanna, 23, and Perry, 27, were spotted out Thursday night in one of the city?s upmarket nightclubs. Rihanna has been in Brazil since mid-September, doing two other shows before joining the opening line-up at Rock in Rio.

Antonio Lacerda / EPA

One of a mechanical attractions in the City of Rock where thousands of people participate in the inauguration of the Festival Rock in Rio de Janeiro, Brazil, 23 September 2011. The official opening was marked by the high temperatures registered in that city.

According to Rio?s tourism officials, the week of concerts is expected to generate $450 million for the city and create 10,000 jobs, directly and indirectly.

The ?City of Rock? was inspired by the US city of New Orleans and features 20 bars and restaurants, 50 shops and various little musical and performance events. It also has a roller-coaster and a giant Ferris wheel.

Source: http://photoblog.msnbc.msn.com/_news/2011/09/25/7947092-worlds-biggest-music-festival-opens-in-rio-de-janeiro-brazil

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