September 2004

Record Labels

The IFPI (International Federation of the Phonographic Industry) have published the 2004 edition of the “Recording Industry In Numbers” which contains a mass of detail on the current state of the global music market including a list of the top 50 best-selling albums, globally, in 2003. The top 10 has Norah Jones’s ‘Come ‘Away With Me’ as the year’s best-selling album, followed by (in order of sales): 50 Cent ‘Get Rich or Die Tryin”, Linkin Park ‘Meteora’, Dido ‘Life for Rent’, Beyonce Knowles ‘Dangerously in Love’, Coldplay ‘A Rush of Blood to the Head’, Evanescence ‘Fallen’, Britney Spears ‘In the Zone’, Avril Lavigne ‘Let Go’ and Celine Dion ‘One Heart’.
The major companies’ top ten albums and top ten videos are also listed as are market shares of the major and independent companies by country. For the first time IFPI has produced market shares based on wholly or majority owned content on a country by country basis. The global market shares for 2003 were BMG at 11.9%, EMI at 13.4%, Sony at 13.2% (now combined with BMG), Universal at 23.5% and Warner at 12.7%. Independents had a 25.3% market share. Analysis of trends in retailing show a clear trend towards non-specialist retailing and sales of music over the Internet. For example, in the UK, supermarkets’ share of the market increased from 8.9% in 1999 to 21.9% in 2003. In France, where the trend is more pronounced, hypermarkets accounted for 39% in 2003. Internet sales – the sale of physical product via online stores – has increased in Germany from 1% in 1999 to 12% in 2003. This section also charts retail trends across five years in seven major markets. An overview of the still nascent music-to-mobile market, a potentially exciting growth channel, includes details of the sector and the main service launches. The mobile providers claim a near 8% share in all spend on music.

Non-IFPI members can order the full publication via : http://www.ifpi.org

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