Comments on: Infographic: Music, movie & book biz bigger than ever http://gigaom.com/2012/01/30/entertainment-industry-growing-despite-piracy/ Sun, 19 May 2013 01:57:42 +0000 hourly 1 http://wordpress.com/ By: Mike Ho http://gigaom.com/2012/01/30/entertainment-industry-growing-despite-piracy/#comment-806381 Tue, 07 Feb 2012 09:27:57 +0000 http://gigaom.com/?p=477776#comment-806381 The choice to use 2005 and 2010 data was not made to mislead, but to provide the most consistent data points from the IFPI’s annual Recording Industry in Numbers reports. Before 2005, the IFPI used different methodology to come up with their value for the global music industry. If the numbers from 2000-2001 were used, the figures would show EVEN MORE growth (but misleadingly since the figures from those years didn’t include revenues from all the same categories as the figures from 2005-2010).

According to the IFPI, the global music industry was valued at $36.9 billion in 2000. (Far less than the IFPI’s $168 billion figure for 2010!)
http://www.ifpi.org/content/section_news/20010419.html

]]> By: semi http://gigaom.com/2012/01/30/entertainment-industry-growing-despite-piracy/#comment-803852 Tue, 31 Jan 2012 19:21:35 +0000 http://gigaom.com/?p=477776#comment-803852 The music industry stats are completely misleading. Picking the 2005 business valuation and comparing it to the 2010 valuation shows only two data points. If I am allowed to pick only two data points on a fluctuating graph, I can prove whatever I want. For instance, if they had included the music industry valuation for the year 2000, you would then see the tremendous drop in valuation between 2000 and 2005.

Or if they had compared the 2000 valuation to the 2010 valuation, you would see how far music revenue had dropped.

It’s completely disingenuous to not show the entire graph. Worthless.

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