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10/2/08 Music Business Update: Will The 4th Quarter Save Us?

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10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby fearless31666 » Oct 2nd, '08, 18:53

This year has proved to be once again a week and financially week year for the record industry. In order to break even with just last years numbers, over 200 million copies must be sold in this last quarter. The 3rd quarter of this year totaled 297.9 million albums sold, which is 12 percent less than year. In 2007 there were 500.5 million albums, 30 percent of coming from the fourth quarter. So... will this fourth quarter pay off?

It certainly has enough big name releases to give it a chance. With albums from Kanye West, 50 Cent, Jay-Z, Ludacris, Busta Rhymes and possibly Dr. Dre, Eminem and Andre 3000 all coming up this year at least equaling last years numbers is certainly in reach.

Labels are worried as major retailers like Wal-Mart, Target, Best Buy and Circuit City have their stock down 82 percent and may be on the verge of bankruptcy. On the upside, sales are up as albums from Lil Wayne, Young Jeezy and T.I. all are selling extremely well.

Source: http://www.rapbasement.com/rap/100208-t ... sales.html
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Re: 10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby Emadyville » Oct 2nd, '08, 19:09

Wal-mart will not go bankrupt. And even if all these were including wal-mart, are they trying to say it's strictly because of cd sales? I think not. good read tho.
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Re: 10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby ShAdY CaPo 08 » Oct 2nd, '08, 19:31

can anyone tell me how many copies t.i.'s paper trail has sold already??
see they can trigger me but they'll never figure me out...

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Re: 10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby fearless31666 » Oct 2nd, '08, 19:32

ShAdY CaPo 08 wrote:can anyone tell me how many copies t.i.'s paper trail has sold already??


http://www.forum.trshady.com/viewtopic.php?f=27&t=49925
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Re: 10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby ,-,'-{Bar}-',-, » Oct 2nd, '08, 19:32

lmao people need to understand record sales arent even half of the income for the music industry.


the major label is hurting but the independants and the artists are thriving with succes. thats the truth that major labels dont want to admit.
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Re: 10/2/08 Music Business Update: Will The 4th Quarter Save Us?

Postby ShAdY CaPo 08 » Oct 3rd, '08, 00:46

fearless31666 wrote:
ShAdY CaPo 08 wrote:can anyone tell me how many copies t.i.'s paper trail has sold already??


http://www.forum.trshady.com/viewtopic.php?f=27&t=49925



NOTHIN ON THAT LINK ANSWERED MY QUESTION OF HOW MANY ALBUMS T.I. HAS SOLD SO FAR THIS WEEK WITH PAPER TRAIL...HOMIE...
see they can trigger me but they'll never figure me out...

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