Tuesday, May 21, 2013

Japan 2nd, Korea 11th in global music sales

By JONATHAN HICAP, Manila Bulletin
Japan maintained its position as the second largest music market in the world while South Korea kept its 11th place despite a decline in music sales in 2012.
In the top 20 markets for Global Recorded Music Sales in 2012, the United States is still No. 1 with sales of $4.48 billion, a decline of 0.5 percent from 2011, according to the RIAJ Yearbook 2013 issued by the Recording Industry Association in Japan (RIAJ).
Girls' Generation (top) and AKB48 (Photos by www.newsen.com)

Japan’s music sales grew by 4 percent to $4.42 billion in 2012, broken down into 80 percent physical sales, 17 percent digital sales, 2 percent performance rights and 1 percent synchronization, RIAJ said, quoting figures from the International Federation of the Phonographic Industry's (IFPI).
South Korea, the home of K-pop, registered global music sales of $187.5 million in 2012, a decline of 4.3 percent from 2011. Of the total, 55 percent is for physical sales, 43 percent for digital sales and 2 percent for performance rights.
Placing third to 10th places are United Kingdom, Germany, France, Australia, Canada, Brazil and Italy. The global music sales from the top 20 markets in 2012 totaled $16.48 billion, a slight increase of 0.2 percent from 2011.
RIAJ said in Japan, the total production value of recorded music, composed of audio and music videos amounted to 310.8 billion yen (about P125.71 billion). Unit production grew 12 percent to 290.66 million units.
Digital music sales in Japan declined by 25 percent to 54.3 billion yen (P21.96 billion).
"This was largely attributable to a 37% decline in unit production and 40% decline in value of mobile digital contents that continued from the previous year," the RIAJ report said.
Internet downloads, including PC and smart phones, increased by 26 percent on unit basis, "thereby indicating a continuously shifting trend from mobile phones to Internet downloads."
Music video production in Japan totaled 72.63 million units in 2012 with a value of 83.1 billion yen (P33.32 billion), an increase of 21 percent and 18 percent, respectively, compared to 2011.
The RIAJ report also listed artists who sold one million units in Japan in 2012.
For album CDs, the million sellers are Girls' Generation's "Girls' Generation," Mr. Children's "" and "," AKB48's "1830m" and Kobukuro's "All Singles Best 2."
Japanese girl group AKB48 dominated the singles category. Its "Manatsuno Sounds Good" sold 2 million units while its four other singles sold one million units each.
In digital music, EXILE's "Lovers Again" sold 2 million mastertones while Ikimonogakari's "Arigatou" sold one million mobile single tracks.
Link to my original article on Manila Bulletin online: 

Email me at sangchusan(at)gmail.com

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