A promo for the Irish music industry by the Irish Music Rights Organistation (IMRO)
They say:
Based on sectoral analysis, the survey [by the Socio Economic Opportunities of Developing Ireland’s Music Industry] found that the Irish music industry contributes over €470 million to the economy and supports more than 11,510 jobs in Ireland – 9,030 direct, 2,480 indirect. In addition, while digital sales in Ireland have grown significantly, latest figures show that in the four years to 2012, recorded music sales fell by almost €40 million from €72 million to €33 million per annum….
But how many in digital sales anyone?
Via Big O Media.
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It reads to me like they’re including the digital sales in the €33 million..
IMRO trying to justify their existence…
what’s their point ? Music streaming services would take away from sales also.
It says on their website that when one pays them a ‘license fee’, that “This tariff applies to performances of copyright music within the repertoire controlled by IMRO”. However, they don’t volunteer anywhere what is included in their “repertoire”.
There is no info either about how much money goes in admin and who receives the leftovers. Sounds like some infamous charities. Saying you are a not-for-profit is a joke. All you have to do is spend as much as you can on wages and bonus and there is no profit to talk about….
Another dinosaur who can’t move on from their old business model.
Just read the report there, the breakdown of physical to digital sales per year is show on page 48 of the full report http://issuu.com/osnovina/docs/imro_full_report_104pp_with_covers/51?e=6507504/11453592 also here http://www.musicbusinessworldwide.com/files/2015/02/Screen-shot-2015-02-19-at-07.43.53.png