LOS ANGELES (IFPI Website) - IFPI today publishes the recording industry's pre-eminent yearbook The Recording
Industry In Numbers (RIN) 2002. Market Research Online (MRO), IFPI's new online music research facility, is also formally launched to subscribers today.
The 9th edition of the RIN offers 200 pages of analysis, information and comment on 76 markets across the world. It includes analysis by repertoire, sales channel, price point, genre, and consumer age band.
This year the RIN has been expanded with articles on local repertoire, market share, consumer trends and music video.
Local repertoire grew from 64% in 1997 to 67.5% in 2001. Across the globe, the recording industry is investing in artists at the local level. New music award shows focusing on national talent have also helped boost sales of domestic artists. In France, 17 of the top 20 selling album titles were by local acts in 2001. The USA reached a new high of 93% in 2001 - the biggest share of domestic music in the world.
Definitive market shares are shown for the majors on a regional and global basis between 1999 and 2001. Overviews of Latin America and Europe also include some of the larger independents.
Consumer trends highlights changes in the consumption of music. It looks at the demographics of music consumers, and the impact of downloading and burning on CD sales. Consumers are increasingly buying their music from supermarkets and discount stores. Online purchasing has also grown steadily.
Music video sales soared in 2001, boosted by DVD video. The top ten audio markets accounted for 89% of global music video sales. DVD accounted for just over 50% of units in these markets combined, a much greater share than for the global market as a whole. Only the music video sales of music companies are included.
Also in The Recording Industry in Numbers:
* Per capita sales figures show the UK maintains its top position - with an average of four record purchases per year per person. Followed by USA, Australia, Germany, France, Japan, Canada and Spain.
* The proportion of global music sales accounted for by the world's top ten markets increased from 79% in 1997 to 84% in 2001.
* In 2001, UK artist Dido's debut No Angel featured in more national top ten album charts than any other artist (14), followed by Linkin Park's Hybrid Theory (11) and Limp Bizkit's Chocolate Starfish and The Hotdog Flavoured Water (7). Shaggy's Hot Shot, Enya's A Day Without Rain and Destiny's Child's Survivor each featured in six national charts.
* New this year: data on playback devices. This shows the consumption around the world of various kinds of playback devices from CD players to DVD and PC recordable equipment.
IFPI takes market research online
Today also marks the launch of the Market Research Online initiative. MRO is a service for subscribers that currently gives access to five years of published data and other music market research undertaken by IFPI.
MRO allows the user to access information on music markets at the touch of a button. Analysis of sales by format or repertoire can be done for any number of territories or regions. The results can be displayed in a variety of ways - by units, value or percentage breakdowns.
For example, in the space of a few minutes you can compare per capita CD album sales between Western Europe and North America. Or get a sales breakdown by format for all the regions. The MRO is a faster, more flexible way of accessing data than via printed publications. It is ideal for those doing in-depth analysis on the music industry.
