Trend – A Record Company Reports Digital Has Surpassed CDs

Although overall, digital music sales are expected to surpass compact disc sales in 2011, the trend is already beginning – at least at Atlantic Records.

Atlantic, a unit of Warner Music Group, says it has reached a milestone that no other major record label has hit: more than half of its music sales in the United States are now from digital products, like downloads on iTunes and ring tones for cellphones.

“We’re like a college basketball team on an 18-2 run,” said Craig Kallman, Atlantic’s chairman and chief executive.

At the Warner Music Group, Atlantic’s parent company, digital represented 27 percent of its American recorded-music revenue during the fourth quarter. (Warner does not break out financial data for its labels, but Atlantic said that digital sales accounted for about 51 percent of its revenue.)

With the milestone comes a sobering reality already familiar to newspapers and television producers. While digital delivery is becoming a bigger slice of the pie, the overall pie is shrinking fast. Analysts at Forrester Research estimate that music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. That compares with $14.6 billion in 1999, according to the Recording Industry Association of America.

As a result, the hope that digital revenue will eventually compensate for declining sales of CDs — and usher in overall growth — have largely been dashed.

“It’s not at all clear that digital economics can make up for the drop in physical,” said John Rose, a former executive at EMI, the British music company, who is now a senior partner at the Boston Consulting Group.

Instead, the music industry is now hoping to find growth from a variety of other revenue streams it has not always had access to, like concert ticket sales and merchandise from artist tours. “The real question,” Mr. Rose said, “is how does the record industry change its rights structure so it captures a fairer percent of the value it creates in funding, marketing and managing the launch of artists?”

Ever since 1999, when the popular file-swapping service Napster was created, the music industry’s fate has been closely watched by other media companies — television, film and print publications like newspapers — whose traditional businesses are also under siege…

Tim Arango (more on the web)

Looks Like Stephenie Meyer’s “Twilight” Is Going To Be A Hit Movie

The rest of the country will have to wait a few days, but not in Los Angeles, where the big event of the week was the premiere of “Twilight.”

Hundreds of shrieking fans — mostly teenage girls — lined the streets outside the Mann Village and Bruin Theaters on Monday for a chance to peek at the stars attending the Los Angeles premiere of “Twilight.” Some enthusiasts of the popular vampire literary series-turned-movie camped out overnight, while many arrived at dawn to secure a place in line.

“I’m on basic motor functions right now,” actor Robert Pattinson, who plays sexy vamp Edward, said amid fans’ screams.

More than 600 people were allowed inside special holding areas along both sides of the premiere’s red carpet. The self-proclaimed fanpires gawked, squealed and begged for autographs and photos with the stars. Others spilled out beyond the barricades and across the street from the premiere. Many held up handmade signs. Most just wanted face time. What question did they ask the most?

“`What’s it like kissing vampires?’” said actress Kristen Stewart, who plays human teenager Bella.

Marie Sheranian, 16, and Brianna Matheson, 17, came from Simi Valley, Calif., to catch a glimpse of Pattinson, the 22-year-old actor who became a heartthrob after winning the role of Edward. The two “Twilight” fans created T-shirts professing their devotion for Pattinson and brought crates to stand on in hopes of seeing the actor’s face — or even the top of his hair — from above the crowd.

“My heart is gonna explode,” Sheranian said from atop a crate.

Not everyone in the horde was a howling teenage girl. Several teenage boys were sprinkled throughout the crowd. And there were even a few parents — including the founders of twilightmoms.com who left their children and husbands at home to attend the premiere. Pia Castillo said she came all the way from Tegucigalpa, Honduras, to see the film’s bloodsuckers in person.

“It’s shocking something I came up with could inspire all this,” said “Twilight” author Stephenie Meyer.

The red carpet was buzzing about possible sequels. Meyer has written three other “Twilight” novels.

Pattinson said he signed on for the film thinking it would be part of a trilogy, and he knows a script for a second film has been written.

Stewart said she originally heard the cast might reunite to film both the second and third sequels at the same time, but now they might be filmed separately.

“It has to make a certain amount of money, like $150 million, to be able to afford the sequel,” director Catherine Hardwicke said. “So we really don’t know yet.”

Hannah Montana Gets To Dance With The Stars

The Disney folks are to pushing Miley’s new single just in time for the holidays and to older audiences. Expect it to be on the top pop surveys in December…

Miley Cyrus has signed on to perform on the season finale of “Dancing with the Stars.” The “Hannah Montana” actress will sing her latest single, “Fly on the Wall” on the ABC show’s season finale on November 25th.

Country Music Association Winners For 2008

Kenny Chesney For Entertainer of the Year.

Brad Paisley For Male Vocalist of the Year.

Carrie Underwood For Female Vocalist of the Year (pictured)

Jennifer Nettles For Song of the Year “Stay.”

Troubadour by George Strait gets Album of the Year

Braid Paisley for Music Video of the Year, “Waitin’ on a Woman.”

Rascal Flatts for Vocal Group of the Year.

Lady Antebellum for New Artist of the Year

George Strait’s “I Saw God Today” gets Single of the Year.

Sugarland – Vocal Duo of the Year.

Mac McAnally for Musician of the Year.


Last Of The Jimi Hendrix Experience Dies

Mitch Mitchell, drummer for the legendary Jimi Hendrix Experience of the 1960s and the group’s last surviving member, was found dead in his hotel room early Wednesday. He was 61.

Mitchell was a powerful force on the Hendrix band’s 1967 debut album “Are You Experienced?” as well as the trio’s albums “Electric Ladyland” and “Axis: Bold As Love.” He had an explosive drumming style that can be heard in hard-charging songs such as “Fire” and “Manic Depression.”

The Englishman had been drumming for the Experience Hendrix Tour, which performed Friday in Portland. It was the last stop on the West Coast part of the tour.

Hendrix died in 1970. Bass player Noel Redding died in 2003.

An employee at Portland’s Benson Hotel called police after discovering Mitchell’s body.

Erin Patrick, a deputy medical examiner, said Mitchell apparently died of natural causes. An autopsy was planned.

“He was a wonderful man, a brilliant musician and a true friend,” said Janie Hendrix, chief executive of the Experience Hendrix Tour and Jimi Hendrix’ stepsister. “His role in shaping the sound of the Jimi Hendrix Experience cannot be underestimated.”

Bob Merlis, a spokesman for the tour, said Mitchell had stayed in Portland for a four-day vacation and planned to leave Wednesday.

“It was a devastating surprise,” Merlis said. “Nobody drummed like he did.”

He said he saw Mitchell perform two weeks ago in Los Angeles, and the drummer appeared to be healthy and upbeat.

Merlis said the tour was designed to bring together veteran musicians who had known Hendrix — like Mitchell — and younger artists, such as Grammy-nominated winner Jonny Lang, who have been influenced by him.

AP