News Broadcasting
Online music sales in Europe to help reverse decline in music sales in 2010
MUMBAI: A new report by media researchers Screen Digest, Online Music in Europe: Market Assessment and Forecast predicts that rapidly growing online music sales in Europe will start to halt the decline in overall sales of recorded music, but not until 2010.
The total European market for online music will have more than doubled from Euro 121 million in 2005 to a forecast Euro 280 million by the end of this year. By 2010 consumer spending on online music in Europe will generate more than Euro 1.1 billion.
This explosive growth is being driven by rapidly growing broadband penetration and the massive increase in portable music player usage. Over seven per cent of Europeans now use one, up from two per cent in 2004. By the end of 2005 there were 29 million portable music players in Europe and this figure will rise to more than 80 million by 2010.
However, the big picture is not so rosy for the overall European music market, which has been in decline – losing 22 per cent of its total value since 2001. Screen Digest predicts the market will continue to fall until 2010, at which point online music sales of more than Euro 1 billion a year will begin to offset the decline in physical sales.
Screen Digest analyst and author of the report Dan Cryan comments, “Online music has been booming. However, online sales alone are not going to be enough to halt the decline in music sales. The music industry needs to make the most of new delivery platforms. We believe with the right strategy – including mobile and online – that the worst might be over by 2010. The industry must adopt a broader approach to selling music, looking beyond the traditional single and album.”
The report analyses the causes of declining revenues for the music industry and shows that a wider view must be taken to understand and address the change in consumer behavior. It is easy to point the finger at piracy but data from music industry body IFPI suggests that piracy is declining. The number of tracks available on illegal file sharing networks declined from 1.1 billion euros in 2003 to 885 million euros in 2005.
Instead factors like the gradual erosion of music dedicated shelf space in big retailers, like HMV and Virgin and its replacement with DVDs, books and mobile phones cannot be ignored. Seen in this light the fact that the decline in physical music sales corresponds to the boom in DVD sales begins to look less like a coincidence and more like a cause.
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
