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DIGITAL 12 RESTRICTIVE ROYALTIES? Pandora founder
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INTERNATIONAL 18 CANADA REBRANDED Legislative change and a greater export push are raising Canada’s standing in the global music industry
It’s a beautiful day – the weather aside
Glastonbury managed a sunshine finish to a wet but memorable 2011 event. Beyoncé wrapped up a weekend of largely successful heavyweight headliners, including U2 (pictured), Coldplay and Elbow.
The surprise sets from Radiohead and Pulp were among the highlights of a great festival for UK acts, including well-reviewed turns from Tinie Tempah and Jessie J.
This year’s Glastonbury was the mostwatched festival in history, with just under 140,000 attendees joined by millions tuning into blanket media coverage. Telco company 02 estimated around 3.6m web pages would be downloaded – a 60% increase year-on-year.
Retailers are now looking for a Glastonbury bounce, with the best performing acts aiming to make a quick impact at the tills – Beyoncé’s new album is out today and there are promising signs for newcomers, such as Tame Impala. ■ SEE MUSICWEEK.COM FOR MORE
BAD WEATHER, THE ECONOMY AND MARKET SATURATION HIT FESTIVALS
Market forces cause drop in UK music festival ticket prices
LIVE ■ BY BEN CARDEW & GORDON MASSON
TICKETS FOR UK FESTIVALS are available at knock-down prices on ticket exchange sites, as bad weather, market saturation, a lack of breakthrough rock acts and the ailing economy start to bite.
Seatwave reported that weekend camping tickets for Reading, which have a face value of £192.50, were last week on sale for £130, while tickets for Pulp’s headline gig at Wireless in July were selling for £37.50, almost £20 lower than their £55.25 face value. Seatwave revealed it was selling less than face-value tickets for 103 different performances, 40% of which were festivals or big outdoor events.
Meanwhile, Viagogo said that tickets for Bestival were selling at an average ticket price of £180, up £10 on face value but down 17% on the 2010 average of £218; while tickets for T In The Park were selling for £187, down 10% on last year’s re-sale average.
Viagogo UK director Ed Parkinson said that there were winners and losers every year in the festival market, with the average resale price for the Isle of Wight festival up this year.
But he cautioned, “There is no escaping the economy. Times are tough and that has had an effect on the festival market.”
And, as we reveal in an in-depth article this week (see pages 10–11), nowhere is this more true than among new festivals, where there is a dangerous risk of saturation.
Solo Agency managing director John Giddings, who revived the Isle of Wight festival 10 years ago, told Music Week that anyone setting up a new festival in the current environment was “barking mad”, adding that there would be more cancellations this year, after Kent festival The First Days Of Freedom last week cancelled its inaugural event. email@example.com
»See pages 4 and 10–11 for more festivals analysis
LANDMARK APPROACHES FOR DIGITAL ALBUM SALES
ANNUAL DIGITAL ALBUM SALES ARE poised to break through the 20m barrier in the UK for the first time this year after reaching 10m units in record time.
The market last year hit another new high when 16.7m digital albums were sold, but this figure will be comfortably surpassed by the end of 2011, with sales presently around 39% up on 12 months ago.
According to Official Charts Company figures, 2011’s 10-millionth digital album was purchased at the beginning of last week, around twoand-half months earlier thanwhen the same landmark was reached in 2010.
Even though the year is not quite yet at the half-way point, this is already more than the number of albums sold in the format across the whole of 2008 and, at present rates, 2011 numbers will overtake 2010’s total tally within the next four months.
XL act Adele has the year’s biggest-selling digital album with 21 it is the only release in the format to have surpassed half-a-million sales this year - while by last week three other releases – Rihanna’s Loud, Bruno Mars’ Doo-Wops & Hooligans and Jessie J’s Who You Are – had sold more than 100,000 units digitally in 2011. ■ TURN TO PAGE 4 FOR FULL STORY
INSIDE » 03JULES HOLLAND TO RECEIVE MIT AWARD Prolific broadcaster and pianist recognised
05BEGGARS QUESTIONS US LICENSING DEALS Indies advised to look beyond majors and take control of their own destiny
14TALENTFOCUS:RIZZLEKICKS Internet buzz over the Brighton MC duo is set to cross over into the mainstream
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