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Record Store Day Album Sales Up 60%

Industry News

The lovingly-crafted sign above is taken from the Music and Video Exchange in Greenwich, where yours truly was working on Record Store Day last Saturday. Despite the fact we didn’t have any of the (let’s be fair, predominantly pretty rubbish) limited edition records on sale, we still came close to doubling our normal Saturday takings, thanks partly to the other record shop around the corner which was fully taking part, plus a 10% discount on all stock.

It seems the business at our branch was replicated elsewhere: nationwide RSD album sales were up 60% on last year, with singles up 20%, while the average shopper apparently spent around £45. Eight of the ten best-selling vinyl releases over the week were RSD exclusives, while ERA chairman Paul Quirk reckons only 2% of releases have ended up on eBay. Yeah, we’d like to see where that figure stands by the end of the month…

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Dance Acts Receive Fewer Royalties

Dance Acts Receive Fewer Royalties
A Guardian report has revealed that musicians who make dance music are less likely to be paid royalties than their guitar-toting counterparts - and apparently it's because many of them don't have a clue about PRS. "Not only do writers of this genre appear to be less likely to register their songs correctly than most other genres," runs the article, "some of them aren't even aware that they need to join PRS to receive these royalties". Apparently half of dance music composers who are played on Radio 1 fail to receive any royalties thanks to incomplete information, while dance festivals like Glade and Creamfields apparently only complete 15-35% of their setlists, compared to nearer 90% at rock-orientated events like Reading and Leeds. One reason for this may be that bands require more money generally as it more often has to be distributed between several members, making them more likely to try and eke out as much money as possible. Also, bands are obviously more likely to fill out a complete setlist when it contains mainly their own songs, whereas for a DJ there is less incentive to do so. To try and remedy this situation, PRS has launched Amplify, an initiative designed to encourage more reporting of tracks being played, as well as using fingerprint technology in clubs to more accurately reflect the music being played there. Whether this will pay off remains to be seen, but for electronic artists who don't happen to be Skrillex or Daft Punk, it could be a way of introducing a revenue stream they were hitherto ignorant of...
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EP Address: Datassette, Sudan Archives, Mighty Lord Deathman and more…

We look back at some of the best EPs released over the summer, including debuts by Sudan Archives and Mighty Lord Deathman…

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