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Making music is on the rise | The Lounge Lizards
 

Home > Blogs > The Lounge Lizards > Archives > 2007 > December > 20 > Entry

Making music is on the rise

In a growing trend, more and more Americans are making and recording music right now than they were doing 10 years ago. And the trend is only growing. Check out these stats:

2006 Music USA: NAMM Global Report

More than one-half of U.S. households (52%) has at least one person, age 5 or older, who currently plays a musical instrument - a total of 156 million people

40% of U.S. households have two or more musicians - that’s 120 million people

The fastest growing segment of music makers is between the ages of 18 and 34; an increase of 5% percent since 2003

The U.S. market accounts for 42.7% of musical instrument purchases

MySpace has six million artist sites and growing.

At its peak, MP3.com had 25 million registered users and sent out four million audio files a day.

The home recording market alone has increased by over 700 percent since 2001 - from $40 million in 2001 to $300 million in 2006.

Now if that’s not bar talk I don’t know what is ….

One last thing … if one or more of the above applies to you, a Web site I recently discovered - TuneCore.com - can help you with posting your MP3’s onto different music retailers Web sites including iTunes. And if you do try it out let us know how it goes.

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