Digital Sales beats out CD sales at Atlantic Records
Big news for the music downloading world, digital sales accounted for more than half of Atlantic Record's revenue beating out physical CD's!
Don't think you know Atlantic Records?
- Simple Plan
- Billy Talent
- Kid Rock
- Bloc Party
- Led Zepplin
- and the list goes on ...
This is big news since this is the first time a major company like Atlantic that physical CD's were bumped down to second place. These guys have to be doing something right as their parent company, Warner Music Group, has digital music sales representing only 27% of revenue.
A few years back, the bigger music labels and majors had the formula down of how to sell albums and promote their artists to make their millions. Ever since the original Napster got in the picture and people became more aware of digital music downloads, things were shaken up. Now you have so many new promotional avenues that are available for all scale of artists (MySpace, Facebook, YouTube ...) that the playing field for getting music and artists noticed is so much larger and available to everyone.
While a lot of the major labels and other large music labels are cracking their heads trying to get figure out a new formula that works with all the new avenues introduced, looks like Atlantic is way ahead of the pack.
You might want to check out this article from the New York Times which goes into additonal details about Atlantic and their success with music downloads and digital products:
Atlantic Records Says Digital Sales Surpass CD's
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Labels: music, music downloads, music news


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