NARM.COM

Record Store Day Plans Underway – Be Sure To Check It Out

nicole — Tue, 09 Mar 2010 16:43:52 +0000

Visit www.recordstoreday.com for participating stores, artist performances, special release schedules, and quotes from your favorite artists about how the record store shaped their love of music. NARM is a proud sponsor of the 2010 event which will be held Saturday, April 17.

Gen Y Will Spend Us Into Recovery

nicole — Tue, 09 Mar 2010 14:09:16 +0000

Don’t look to Baby Boomers to lead the way in consumer spending in the months ahead. A new report from PricewaterhouseCoopers LLP and Retail Forward says that this recovery — unlike those in last few decades — will be shaped by the values of tech-loving Gen Y, and to a lesser degree, affluent members of Gen X.

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=123851

Nobody Stole The Pie

nicole — Mon, 08 Mar 2010 16:31:44 +0000

RIAA blog: “Industry analysts, executives, critics, and academics have been debating the impact of digital piracy for a decade. During that period, the U.S. music industry fell from nearly $15 billion annually to $8.5 billion. While a quickly growing digital market helped offset the decline in physical sales, and great strides were made constraining the growth in illegal P2P traffic, still roughly 4 out of 5 digital music downloads in the U.S. are via P2P and other unauthorized services. Some pundits have ascribed the problems solely to the industry, but you would think by now there should be no doubt that the online theft of music has caused significant harm …”

http://riaa.com/blog.php?content_selector=Nobody_Stole_Pie

Online Retail Sales Will Grow To $250 Billion By 2014

nicole — Mon, 08 Mar 2010 15:18:46 +0000

Online retail sales aren’t growing at the torrid pace they once were, but they continue to grow steadily. Forrester Research put out a new five-year forecast today predicting that e-commerce sales in the U.S. will keep growing at a 10% compound annual growth rate through 2014. It forecasts online retail sales in the U.S. will be nearly $250 billion, up from $155 billion in 2009. Last year, online retail sales were up 11%, compared to 2.5% for all retail sales.

http://techcrunch.com/2010/03/08/forrester-forecast-online-retail-sales-will-grow-to-250-billion-by-2014/

Award Show Viewing Is Up

nicole — Mon, 08 Mar 2010 15:07:01 +0000

viewership is rising for several notable award shows. If this trend continues, this could mean good news for the Academy Awards, especially given overall movie ticket sales in 2009 and the Academy’s expansion of the best movie category from five to 10 films.

http://blog.nielsen.com/nielsenwire/media_entertainment/heading-into-the-oscars-award-show-viewing-is-up/

Donio Preps Local Music Scene For NARM’s Return To Chicago

nicole — Mon, 08 Mar 2010 15:01:27 +0000

NARM President Jim Donio had the chance to speak with the Chicago Music Commission about NARM and, specifically, the NARM/A2IM Music Business Crash Course that will take place on May 14-15 at the Hilton Chicago. Take a listen …

http://www.chicago-music.org/jim-donio-interview-narm/

Global Smartphone App Download Market Could Reach $15 Billion By 2013

nicole — Fri, 05 Mar 2010 14:06:59 +0000

research2guidance estimates that the worldwide smartphone application market will grow from $1.94 billion in 2009 to $15.65 billion by 2013. The big surge in applications will be driven by a fast-growing number of smartphone users, which the research company estimates will increase from about 100 million last year to nearly 1 billion by 2013.

http://techcrunch.com/2010/03/05/global-smartphone-app-download-market-could-reach-15-billion-by-2013-report/

Parents Teaching Kids Money Values

nicole — Fri, 05 Mar 2010 14:04:49 +0000

According to a recent survey by American Express, 71% of parents with children between the ages six and 16 say their children understand that we are in a recession. This number suggests that talks about the current economic environment are happening at kitchen tables across the country. 13% give an allowance for kids to spend on weekly non-essentials; i.e. movie tickets, toys, games, etc. 10% give an allowance for kids to spend on weekly essentials; i.e. gas, lunch money, etc.

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=123652

Meet The Millennials

nicole — Thu, 04 Mar 2010 15:33:46 +0000

Millennials, the American teens and twenty-somethings who are making the passage into adulthood at the start of a new millennium, are confident, self-expressive, liberal, upbeat and open to change.

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=123552

Mining The U.S. Generation Gaps

nicole — Thu, 04 Mar 2010 15:30:06 +0000

Understanding shopping and media habits at different ages can help marketers optimize critical assortment, pricing, promotion and advertising decisions by crafting targeted strategies and niche offers that reflect deal propensity, trip frequency, channel predilection, average spend and media usage.

http://blog.nielsen.com/nielsenwire/consumer/mining-the-u-s-generation-gaps/