BUSINESS
by Dwight L. Quinn
Last month we noticed a new name added to the list of Digital Service companies selling Quinn Records TM music.
Of couse we're not there yet in terms of large revenues coming from the Digital stream, but it's clear to each and everyone of us in the record business that within the next five years,or so and
if not sooner,Digital Downloading when take the lead in being the main choice of accessing and aquiring music by cusumers.
Digital has added a new dimension to the services record companies provide for artists. Digital accounted for 31 per cent of record companies’ trade revenues in 2011 and the major services expanded their reach from 23 to 58 countries in the
same year. While some services, such as AmazonMP3 or iTunes, effectively replicate the physical format market with consumers buying albums or singles, others, such as Deezer, Spotify and VEVO, rely on either advertising income, people paying a monthly subscription fee or some combination of both.
Such services are still in the early stages of development but offer the opportunity of global scale. Subscription services in June 2012 had an estimated 16 million subscribers globally, a number that has almost doubled in the last 18 months.
Many streaming services are relatively recent start-ups.
One of the largest services, Spotify, only opened in Germany,the world’s third largest music market, in March 2012.
Spotify is most developed in Sweden, where large numbers of consumers use the paid-for subscription tier of the service, we believes it has had a positive effect. “In Sweden, Spotify has changed the music business and made it a happy place to work again.
Now large numbers of people have a premium account, the revenue stream is fantastic. People listen to an album or song and put it on their playlist. They won’t stop listening to it. It’ll be giving the artist and Quinn Records TM and other record company a revenue stream for years.
New Digital Service companies are sprouting up all over the place and streaming,downloading and buying music from a IPad,IPhone and/ or Tablets is sooner than ever is fast becoming the the norm.
We at Quinn Records TM with our new mobil app is still making it easy or fans who are still hold fast to the interest of blues,gospel, jazz and soul music can have continuous access to our music.
Our mobile-app is the cusumers gateway to current information that includes: Quinn's Top-10 Song Chart, music news, current events,Quinn's President Choice, shop n' buy at Quinn store, new releases, coming soon, catalog, tickets,coupons,Facebook, Twitter, photos,artist tour schedule and free music downloads.
Not only will our Mobile app give you access to our music but it would be like having a whole complete Record Company in the palm of your hands
GET CONNECTED WITH QUINNRECORDS TM MOBILE APP!