Thursday, January 30, 2014

Japan Becomes World's #1 Music Market by Wide Margin


Japan has now definitively surpassed the USA as the world's #1 music market according to IFPI data.



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I've written repeatedly about the music market in Japan. One of my favorites is here: Why Good UK and USA (Western) Independent and Alternative Artists Cannot Get Record or Publishing Deals in Japan.

I've also been doing my new morning show on InterFM called, "WTF?" (What the Friday?) Where we always try to play lots of new music. Many of the foreign artists we play tell me that their Japan sales have surpassed their US sales. I always tell them, "Because, in Japan, people still pay for music and CDs still sell here." (Musicians! Come "Like" our FB page: https://www.facebook.com/WhattheFriday)

Now, I've found a wonderful article that backs me up.

Here's a nice tidbit:

"Food, taxi rides, cinema tickets and even iTunes downloads are all way more expensive in Japan than in the USA. So a big part of the reason is that every download sold in Japan earns over twice the amount of money that it does in the USA. I will repeat this. To sell music is over twice as profitable in Japan as in most other countries specially the USA. That factor alone would almost completely explain the sameness in revenues of a country half the size."

Read the full article here... https://indigoboom.com/4-reasons-why-big-in-japan-is-no-joke/

1 comment:

  1. While not a fan of manga television cartoon shows, I watched a documentary with a segment showing young illustrators in Japan. It was basically showing illicit down loading in Japan significantly under cutting his salary, because fans where getting it faster and for free. So music is different? According to 1) indigo bom! Link and IFPI data, its got to be,right?

    ReplyDelete

Comments must be succinct & relevant to the story. Comments are checked frequently and abusive, rude or profane comments will be deleted. I’m just one of many bloggers who answer questions online and sometimes for the press. I usually handle questions about Japan, marketing or the economy, so in those areas I’m more likely to make sense and less likely to say something really stupid. If I post something here that you find helpful or interesting, that’s wonderful. This is my personal blog. If you don't like what you have read here then, just like when you go into a restaurant or bar that allows smoking, if you don't like it, there's something at the front that has hinges on it and it is called a "door."