Music Industry

EMI Music Publishing Sale Finalized

The regulators in the States and Europe have given the thumbs up for the sale of EMI Music Publishing to Sony. But Universal is still waiting for European regulators to rule on their takeover of EMI’s recorded music operations, which is due in August according to Billboard.

Cinram Files For Bankruptcy

Cinram, one of the world largest CD, DVD and blu-ray manufacturers, has filled for bankruptcy. This was in response to the loss of a major contract with Warner Music Group Corp.

EU Politician Says ACTA Is Dead

Alexander Alvaro, a member of the European Parliament, has issued a statement to Billboard stating that he expects the Anti-Counterfeiting Trade Agreement will be rejected by the European Parliament.

The agreement is currently be reviewed by the Committee on International Trade. Additional information can be found here.

Bill C-11 Update

Bill C-11, the Copyright Modernization Act, will be up for its third reading vote by June 18th in the House Of Commons.

Canadian Pop Music Encyclopedia Released

Vol. 1 on Paperback

Vol. 1 on Kindle

The Canadian Pop Music Encyclopedia was released in paperback and on Kindle.

Authored by Jaimie Vernon this two volume set continues where Rick Jackson’s “Encyclopedia of Canadian Rock, Pop & Folk Music” left off in 1994 and includes information on Canada’s pop scene from 1949 up to 2011.

Each 400 page, alphabetically indexed volume features biographies and discographies for Canada’s most popular recording artists, as well as photographs of these artists. So it is definitely a must for the Canadian music fan.

By the way, the Kindle version can also be viewed online via your browser using Amazon’s Kindle Cloud Reader and on other devices using one of Amazon’s Free Kindle Reading Apps.

A Vinyl Comeback ?

It appears that more and more consumers are choosing vinyl over compact disc when if comes to purchasing physical copies of their music.

According to Soundscan, Americans had purchased just over 330 million vinyl albums last year and over 76 thousand new record albums were released in the United States that year.

Apparently many audiophiles are purchasing mp3s for their portable players and purchasing vinyl for their home stereos instead of compact discs because they believe vinyl has a richer sound. And although many bloggers have claimed that this opinion was subjective, the sales of vinyl records continue to rise.

Regardless of the technological debate, consumers have not dropped vinyl as a physical format like the magnetic tape formats (8 track/cassette tape). And compact disc sales are dropping so dramatically in the United States that many major retailers have either reduced or eliminated the retail space they had dedicated to the format.

On the other hand, many online retailers have created vinyl stores to fulfill the demand, including Amazon.ca & chapters.indigo.ca in Canada, and Amazon.com, Barnes & Nobleicon, CD Universeicon, DeepDiscounts.com & JR.comicon in the United States.

Yes, compact disc sales were still substantial at $225.5 Million dollars in the United States in 2011. But sales have slipped by 5.7% from 2010 whilst sales of LPs, digital singles and digital albums have grown.

LPs will not likely not surpass compact discs in sales anytime soon. But it obviously remains a niche product that is fashionable in certain circles, who also prefer the artwork found on LPs and 45s.

Compact disc inserts may be adequate to some but I personally prefer framing a LP for display if I am unable to find a poster of an album cover’s artwork. And I doubt that I am alone in finding the LP album cover more aesthetically appealing.

Many home audio systems and compact stereo units still include turntables but record players are available as separate components in Canada from Amazon.ca, Sears.ca, and Sony.ca.