GARRISON’S BLOG » The Numbers

Top 10 Buckeroos

Garrison Lykam — Thu, 04 Mar 2010 03:00:38 +0000

Billboard has listed the Top 10 Money Makers (with only 2 months into the year!):

U2 $108,601,283

Bruce Springsteen $57,619,037

Madonna $47,237,774

AC/DC $43,650,466

Britney Spears $38,885,267

Pink $36,347,658

Jonas Brothers $33,596,576

Coldplay $27,326,562

Kenny Chesney $26,581,141

Metallica $25,564,234

Bad News for 2008 Album Sales

Garrison Lykam — Thu, 18 Jun 2009 23:30:19 +0000

Neilsen SoundScan data presented at NARM was distressing, to say the least: of the 105,575 albums released last year, less than a thousand sold more that 25,000 copies. And, sales of new releases dropped 18%. The 50,000 digital-only albums racked up less than 2% of all the newly-released album sales.

Indie artists tallying up their recording, mixing, mastering, graphic design, replication, distribution and promotional expenses for a CD release, especially a first one, need to take a hard look at the over-the-cliff ‘08 numbers and explore alternate revenue streams for supporting their music “business.” Opportunities from merch, mobile and media like TV need to become part of a bigger profitability strategy. A solid business plan sets the stage for good business decisions.