June 13, 2012
How much will you pay for music in 2013? Usually this is the type of prognostication that lands on your screen the last week of December. The creators of Freemake.com have dissected this question in the form of an infographic.
Consider it an early holiday gift.
The conclusion is: zero. (This excludes live shows and focuses on individual tracks and albums.) The graphic illustrates how price per track has steadily declined since the days of vinyl down through the age of digital. Over the past 8 years, there has been an explosive increase (700%) in the number of music services available.
Radiohead pioneered the free/pay-what-want download when they offered a full version of In Rainbows online, repeated in later years by Coldplay when they offered up their live album LeftRightLeftRightLeft for free. Kanye West has been offering free music giveaways called G.O.O.D. Fridays, since 2010. And just when you got Adele’s “Rolling in the Deep” out of your head, consider this: the free track listening – that is, all those people who listened to it on Spotify, Grooveshark, YouTube, etc. – exceeded paid sales of that single tenfold.
This infographic coincides with the release of Freemake’s latest software release, called Freemake Music Box. Freemake is an online project privately owned by Ellora Assets Corporation, with teams working in the USA and Russia. The company’s mission is to provide free alternatives to popular paid software, attempting to prove that free software of a high standard does exist. To date, they have released four Windows apps, which include a video converter, an audio converter and a video downloader, in addition to Music Box, which is a music service.
What do you think? I’m curious to hear comments on this one.
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