Showing posts with label AC/DC. Show all posts
Showing posts with label AC/DC. Show all posts

U2 Tops Billboard's Money Makers List

Billboard has released it's 2009 Money Makers list, detailing the top 40 earners in the music industry.  The tally takes into account sales of CDs and downloads, merchandise, and most importantly, concert tickets.  Touring is the most lucrative aspect of popular music, and it's evident with U2 topping the list.  The group is currently halfway through what is expected to be the highest grossing tour in history, the 360 Tour.  Billboard estimates that U2 earned $108,601,283 in 2009.  The 360 Tour is U2's first under their new all-inclusive music/touring/merchandise deal with concert promoters Live Nation.

Bruce Springsteen landed in second place after a successful year that included a Super Bowl performance, studio album, exclusive Wal-Mart hits compilation, as well as an extensive touring schedule.  Last year's chart topper, Madonna, came in third.  The Queen of Pop completed her Sticky & Sweet Tour which is now the most successful tour by a solo artist in music history.  Her touring revenues made up for her music sales which are lagging relative to earlier years.

AC/DC mixed touring revenues with music sales, including strong sales of their back catalog to finish in fourth.  Britney Spears came in fifth following her wildly successful Circus tour and strong digital download sales of her singles.  Rounding out the top ten are Pink, The Jonas Brothers, Coldplay, Kenny Chesney, and Metallica.

See the rest of the list after the jump.

Music Indicates Economic Climate

As the Dow Jones continues to drop to record breaking lows on a daily basis, the New York Times notes that economic ups and downs carry with them interesting trends. During times such as these, there is a marked increase in laxative sales, suicides, and meaningful slower songs topping the charts. Economic uncertainty brings songs such as, “Bridge Over Troubled Water,’ and ‘That’s What Friends Are For,’ ” said Terry F. Pettijohn II, a professor of psychology at Coastal Carolina University. “In better times, it’s more likely to be faster, upbeat songs like ‘At the Hop’ or ‘My Sharona.’ ” The correlation isn't perfect however, with "Macarena" being a massive hit in 1996, not a particularly good year.

In the UK, the Guardian notes a similar correlation between music and the economy, but with AC/DC in particular. All of the band's biggest selling albums have been released during economically uncertain times. Their current album, Black Ice, is outselling the #2 album two to one despite not being available digitally while their biggest seller, 1980's Back In Black, has gone on to be the second best selling album of all time after shifting an estimated 42 million copies and was released as inflation in Britain reached 20% and nearly two million people found themselves unemployed. Their biggest flops have come after the economy recovered, such as 1985's Fly On The Wall barely managed to sell 1 million copies.

So while Black Ice is bound to be a (relative) blockbuster, I'm not sure that repeating womanizer 113 times qualifies as meaningful lyrics. Perhaps they meant that the meaningful lyrics come after we start wearing fedoras and lining up for dinner at a soup kitchen.

Idolator
AC/DC Invades Wal-Mart Nation

With traditional brick and mortar music retailers going out of business and big box stores reducing the space slated for CDs, some artists are looking for exclusive deals to push their product. AC/DC and Wal-Mart have teamed up to create a store-within-a-store for their new album Black Ice, which the Arkansas based retail giant will sell exclusively. The Eagles were the last band to try to Wal-Mart only option with Long Road Out Of Eden, 2007's 5th best selling album (3.1 million copies). The Eagles, however, didn't have Rock Band. AC/DC's in store promotion include their back catalog albums on sale, DVDs, t-shirts, as well as the popular rock n roll video game.

Say what you will about Wal-Mart, but they have gotten retail down to a science. Hurricane coming? Stock stores with more board games and snack foods. After the hurricane has come and gone? Beer. For a music industry in decline, the exclusive deals with retailers might be the best option. Best Buy has recently announced it will be the only store to carry Guns N' Rose's Chinese Democracy and depending how both it and Black Ice sell could signal a shift in the way music is marketed and sold. Of course, you could always just pull a Madonna and try to generate interest in your failing album by getting a high profile divorce.

Wal-Mart and AC/DC Agree: Money Talks!
AC/DC Refuses To Go Digital
In an effort to keep their albums from being disassembled and thrown on some one's iPod play list, AC/DC has refused to release their new album Black Ice to iTunes. The record will be available at physical stores only, with Wal-Mart offering an exclusive edition. While Tuesday usually marks new release day for music retail, Black Ice will be coming out this Thursday, but, over 400,000 fans have already snagged a copy illegally. After leaking earlier this week, over 4000,000 downloads have been detected by BitTorrent users, not to mention the untold number of people who downloaded their copy from other file sharing services. Still, the band is sure they want to keep their music off of iTunes digital shelves pointing to the increase in sales of their back catalogue the past five years as proof (Back In Black was #2 on the Pop Catalogue Charts last week after selling 9,200 copies. That would have put them in the 60's on the Billboard 200 Album Chart if it was still eligible.) Despite the lack of sales boost Estelle received just a few short months ago after Atlantic pulled her album from iTunes, a recent Canadian study found that fans who first obtain a copy of an album illegally are more likely to eventually purchase it.
Upcoming Releases

The biggest selling album of 2000 was NSync's No Strings Attached which netted 9,900,000 copies sold. The biggest selling album in 2007 was a Christmas album, Josh Groban's Noel, which only managed 3,600,000 copies. It would take 2.75 Noel's to equal the success of No Strings Attached and maybe that's what the record industry needs; more releases.
2008 has already boasted new albums from big names, notably Mariah Carey, Madonna, Usher, Lil Wayne and Coldplay. Still, the year's sales are predicted to be below last years. November and December and two of the most important months for all of retail and music is no exception. Late 2008 is boasting more big name releases to add to the already illustrious list, but will it be enough?

Oct. 7 - Oasis Dig Out Your Soul
Oct. 16 - AC/DC Black Ice
Nov. 4 - Fall Out Boy Folie A Deux
Nov. 4 - Hillary Duff The Best of Hillary Duff
Nov. 11 - Missy Elliott Block Party
Nov. 11 - Christina Aguilera Keeps Gettin' Better (A Decade of Hits)
Nov. 18 - Beyonce TBA
Nov. 18 - Kelly Clarkson TBA
Nov. 18 - David Cook TBA
Nov. 25 - The Killers Day & Age
Dec. 2 - Britney Spears Circus
Dec. 16 - Kanye West 808's and Heartbreak

OK, we were joking about Hillary Duff. But dude, anyone who's anyone besides U2 has or will release and album in 2008. Don't worry, their twelfth studio release is slated for early 2009.
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