Industry
The NPD Group: Consumers Acquired More Music in 2007, But Spent Less
Submitted by justinpowell on Thu, 2008-02-28 05:22.Overall consumer music acquisition increased by 6 percent in 2007, but average annual per-capita music spending fell by 10 percent
Taco Bell Announces "Feed the Beat" Program
Submitted by justinpowell on Sat, 2007-08-18 15:16.Taco Bell has announced a program called Feed the Beat for up-and-coming touring musicians. Bands can receive $500 in Taco Bell Bucks good toward Fourthmeals, the late night meal between dinner and breakfast. This is a good way to get some free food after a late night gig and bands aren't required to do anything in return.
Bands must sign up by August 31, 2007. For details, go to http://www.tacobell.com/feedthebeat/
iTunes Becomes Third-Largest U.S. Music Retailer
Submitted by justinpowell on Tue, 2007-06-26 02:43.Has there been any question that digital music and the Internet represent the future of the music industry? According to the market research firm NPD Group, Apple Inc.'s iTunes online store just became the third-largest music retailer in the United States based on units sold. ITunes now sells more music than giants Amazon.com and Target Corp.
The NPD survey shows that iTunes had a 9.8 percent market share in the first quarter, behind leader Wal-Mart's 15.8 percent share and Best Buy's 13.8 percent. Online retailer Amazon.com's share was 6.7 percent, followed by Target's 6.6 percent.
