November 08, 2005
The times they are a changin'
Mainstream Media Meltdown II
On the occasion of today's gruesome statistics on the continuing fall of newspapers, here's an updated look at mainstream entertainment and media in decline.
Down:
Box Office: down by 7% this year (tickets per capita have fallen every year since 2001).
Newspapers: circulation, which peaked in 1987, is declining faster than ever and is down another 2.6% so far this year.
Music: Sales are down another 5.7% this year; although digital downloads (still just 6% of the business) are climbing nicely.
Radio: down 4% this year alone, continuing a multi-decade decline.
Books: down by 7% in 2004.
Mixed:
DVDs: sales growth is slowing dramatically, from 29% last year to single digits this year.
TV: Total viewership is still rising, but as channels proliferate and the audience fragments the rating of the average show continues to decline.
Magazines: Ad revenues are up a bit although the number of ad pages is flat (they're charging more per page). Circulation is also flat, while newsstand sales are at an all-time low.
Videogames: it's the final few months of the current generation of consoles, which tends to the trough of the buying cycle. Sales were down 20% in Sept, but will probably pick up by Christmas with the launch of the Xbox 360.
Up:
Internet advertising:
--Banners: Up 10% this year
--Keywords: Google revenues up 96%
--with thanks to Chris Anderson of "The Long Tail"
http://blowingsmokethemovie.com/cgi-bin/mt-app/mt-tb.cgi/168
Listed below are links to blogs that reference The times they are a changin':
» Media meltdown from Samizdata.net
Hollywood Director James Orr points out some interesting factoids about how megacorporate movieland is seeing the game shifting before their very eyes. The internet changes everything... we just do not know precisely how yet.... [Read More]
Tracked on November 10, 2005 8:47 AM
» Decline Documented from Elegant Distractions
Here is a little more on the decline of dino-media. So where are people spending their entertainment dollars?... [Read More]
Tracked on November 12, 2005 9:14 AM
James:
Perhaps you should have a screening of Blowing Smoke on a bunch of the new video capable iPods?
Could you see these being sent around town for informal screenings or as part of the obligatory gift baskets at the Academy Awards or Golden Globes?
Comment by Rob in NovA on November 9, 2005 3:59 AM
"Could you see these being sent around town for informal screenings or as part of the obligatory gift baskets at the Academy Awards or Golden Globes?"
Yes, I actually could see that happening!
Comment by Perry de Havilland on November 10, 2005 8:40 AM
It's generally considered polite to link to your source, especially when you copy his entire post.
Comment by Steven Den Beste on November 10, 2005 11:03 AM
All right, Mr. DeMille, I'm ready for my close-up...
And the Emmy for Best Actor on iPods Goes to ...
The National Academy of Television Arts and Sciences, best known for handing out the Daytime Emmy Awards, is expected to announce on Tuesday that it has created an award category to recognize original video content for computers, cellphones and other hand-held devices, like the video iPod and PlayStation Portable.



