Another Year Of Hard Timesby Jardene Kellaway on 12/20/10
Already another year has ended and 2010 was a hard year for the Music Business with record low levels of CD items sold per Month, the demise of EMI, the Iconic Label that has been around since the invention of the Grammophone Record and the closure of several On-Line Digital Retail Outlets like Lala and Limewire.
But it hasn't been all bad news either. Here at Tree Records we released new titles by Mauriberto in Spain, Randy Joe Galloway in America, Chris Adams' new Album "Night At The Oasis" which featured more International Vocalists than ever before, like America's Jim Carter and Randy Joe Galloway and Sweden's Sam H, and finally the long awaited first Single Release "Electric Dreams" by Britain's Andy Hearn.
The Industry as a whole had many issues to grapple with like the CD Sales slump and the buying pattern of Digital Music changing. Today more revenue is being made from Streamings rather than file Downloads and whilst this is easier on the Music Lovers' pockets, it has brought about a slimmer return to Artists for their efforts.
The new Spotify store specializes in Streamings and it's growing in popularity in Europe and will spread to the rest of the Music World in 2011. The other new Player due to arrive in 2011 is Google's planned Paid Subscription Music Service and this will clearly appeal to many Music Lovers and take off very quickly when launched.
Tree Records has had a good year with our top artists, Haystack, Chris Adams and Jim Carter making solid gains and New Zealand Blues Man Laurence Cooper has finally been 'discovered' outside of New Zealand and sales of his music have rocketed since the issue of his EP "56 Coopers Lane". Even Bob Keeton has started gaining traction thanks to his vocal and piano performance with Chris Adams on "Dust In The Wind" and "Grasshoppers" from his "Perfection" Album.
So on behalf of all the artists here at Tree Records, I would like to say thank you for your continued support in 2010. We look forward to entertaining you well in 2011 so, until then, we wish you a very Merry Christmas and a Happy New Year.