Marketplace

Music

Music companies’ digital revenues internationally grew by an estimated 25% in 2009 to US $3.7 Billion. Digital Platforms now account for 20% of recorded music sales, up from 15% in 2007. (cited by IFPI Digital Music Report 2009)

The Top Markets Spearheading the Digital Music Revolution are:

US – Is the world’s leader in digital music sales, accounting for some 50% of the global digital music market value totalling $1.1 Billion dollars in 2008 (IFPI Digital Music Report 2009). Digital album sales totaled 66 million, an increase of 32% (Nielsen Soundscan).

Japan – Is a predominately mobile market. 140 million mobile singles were sold in 2008, an increase of 26% on the year prior. (cited by IFPI Digital Music Report 2009)

UK – Has seen the biggest increase in digital sales in the first half of 2008 among the top markets, with sales up by 45%. (cited by IFPI Digital Music Report 2009)

France – Has seen a growth of 49% in 2008 and they are the world leader in terms of government action intended to curb internet piracy.

The Music Industry has about 500 online services located in 40 countries. 2008 is the first time a digital song broke the 3 million sales mark in a single year. Leona Lewis’ “Bleeding Love” and Lil Wayne’s “Lollipop. (cited by Dave Kusak). There are more than 450,000 different physical albums that sold at least one copy over the Internet during 2008 compared to 390,000 in 2007. More long tail support (cited by dave Kusak)

Film

The U.S. motion picture industry produces much of the world’s feature films and most of its recorded television programs (citeb by U.S. Department Of Labor) .

The Domestic box office continued to grow in 2008, reaching $9.79 billion ( cited by 2008 MPAA Theatrical Statistics report)

In 2008, the average movie ticket price in the U.S. rose to $7.18, a 4.4% increase over 2007

The number of screens in the U.S. remain constant at just over 40,000 in 2008 ( cited by 2008 MPAA Theatrical Statistics report)

Worldwide box office reached another all-time high in 2008 at $28.1 billion, an increase of 5.2% over 2007. ( cited by 2008 MPAA Theatrical Statistics report)

The total number of films released domestically in 2008 were a total of 610 films.