Apple Sells A Million Songs in Debut Week
Scrameustache writes "According to an Apple press release, the iTunes Music Store sold over one million songs during its first week. Over half of the songs were purchased as albums, and over half of the 200,000 songs offered on the iTunes Music Store were purchased at least once.
Those new iPods are selling like hotcakes too..."
How much of this success is due to this being a truly significant advance in implementations versus Apple simply having a heavy presence in the market?
I'm not trying to sideline the significance of the success, I'm just questioning why it is really successful. From what I have heard, this is not all that much different than approaches that others took earlier (Didn't eMusic, the popular word among those that don't like iTunes, originally sell per song?).
Alternatively still, maybe the market is just now ready for such a store model as this. Timing is, afterall, very important in delivery of a product to market. Too early can be as devastating as too late.
It blows my mind that Apple has been able to improve on the iPod. As if the original's form factor was too thick (not quite as thick as a deck of cards), they still somehow cut it almost in half.
I played around with the new music service this week. Super impressively done. Having said that, I don't think I'll order any music from it. The record companies have shown themselves to be complete bastards for decades now, in how they screw over the public and the artists. I hate to think that Apple's now riding to this industry's rescue, perhaps only a year or two before the entire industry would go down the crapper. If there was only some way I could use this service with the bulk of the money going straight to the artist, I'd be incredibly enthusiastic about this whole thing.
I'm always thrilled to see Apple succeed at something, since I think they tend to make beautifully designed products. I just hope that this success isn't the event that keeps the parasitic recording industry form withering away.
I'm generally "Interesting," "Insightful," and even "Funny" here. What the hell happens to me at parties?
I think that you are mistaken here. Apple doesn't need any more contracts, since it already has contracts with all five of the major labels, and the independent labels are reportedly itching to get in on it as well! The model has succeeded already, by giving us a way to purchase current music legally and easily electronically. This is a good thing.
Now, as far as the RIAA is concerned, and your comments about artist compensation, a lot remains to be seen. I envision independent artists and smaller labels being able to distribute music much easier through the iTunes Music Store, and offering them potential for success. They could release a few "singles" for free on the Music Store, and then hope that people buy more songs, or the whole album. And since they aren't producing any CDs, they have less overhead, and can get more of the profits. Just a thought on how the future could be bright.