recording industry in numbers asia china record corporation

IFPI RECORDING INDUSTRY IN NUMBERS | 2008 Asia China COUNTRY DATA Population (million) : 1,330.3 Median Age (years) : 33 Currency : Renminbi (RMB) also know as Yuan (CNY) US$ Exchange Rate (2007) : 7.61 Chart Compiler : – Chart Links : – TOP INDEPENDENT LABELS (Alphabetical) China Record Corporation Hurray! Holding Taihe Rye Music Co.Ltd 1/100 WORLD RANKING Physical sales 34 Digital sales 9 Performance rights – DIGITAL INDICATORS (millions) Internet users 221.0 Broadband lines 66.5 Mobile subs 565.2 3G subs – AGE STRUCTURE n 0-14 years n 15-64 years n 65+ years 20% 8% 72% DIGITAL VALUE BY FORMAT YEAR ONLINE MOBILE SUBSCRIPTIONS TOTAL (US$m) TOTAL (LC m) % CHANGE 2007 19% 78% 3% 31.8 241.6 13.1% 2006 5% 74% 8% 28.1 213.7 – 2005 – – – – – – 2004 – – – – – – Note: % may not add up to total due to rounding and non-categorised sales (others) China has the biggest mobile and the second biggest broadband subscriber base in the world. The digital music market has so far been stunted by mass digital piracy, with over 99% of all music downloads being illegal. IFPI estimates that deep-linking music sites represent 50% of online music copyright infringement in China, in contrast to Europe and North America where P2P networks dominate. Of all internet users as many as 71% have downloaded music within half a year (CNNIC, Jan 2008). The recording industry has had success in the courts trying to remedy the situation, particularly by obtaining a precedent-setting judgment against Yahoo China, the copyright infringing deep-linking music search service. However, civil court remedies neither compensate the wholesale destruction of the digital music market to date by such services, nor the impact on legitimate CD sales which fell by 21% in 2007 from 16.6 million units to 13.1 million. Physical piracy also remains endemic due to weak criminal laws, enforcement and lax sentencing. China remains one of the largest producers of physical pirate discs in the world. PHYSICAL SALES BY FORMAT (value) n CD n Music video 88% 12% DIGITAL SALES BY FORMAT (value) n Ringback tones n Master ringtones n Streams n Online single tracks n Subscriptions n Music video n Other 62% 13% 13% 3 % 4 % 3 % 2 % Note: Other includes mobile single tracks and other TOTAL INDUSTRY TRADE REVENUES YEAR US$ (M) LOCAL CURRENCY (M) CHANGE 2007 69.4 528.2 -10.4% 2006 77.5 589.8 24.5% 2005 62.2 473.6 -35.0% 2004 95.8 729.1 N/C 2003 160.1 1,218.1 16.2% Note: Digital sales included 2006. 2004 ﬁgures reported on a different basis to previous years – not comparable. Figures are estimates. RECORDED MUSIC SALES BY SECTOR (US$ Million) YEAR PHYSICAL DIGITAL PERFORMANCE RIGHTS 2007 37.7 31.8 – 2006 49.4 28.1 – 2005 62.2 – – 2004 95.8 – – 2003 160.1 – – RECORDED MUSIC SALES BY SECTOR n Physical n Digital 54% 46% Note: 2004 ﬁgures reported on a different basis to previous years – not comparable. Figures are estimates.

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IFPI RECORDING INDUSTRY IN NUMBERS | 2008

AsiaChina

COUNTRY DATA

Population (million) : 1,330.3

Median Age (years) : 33

Currency : Renminbi (RMB) also know as Yuan (CNY)

US$ Exchange Rate (2007) : 7.61

Chart Compiler : –

Chart Links : –

TOP INDEPENDENT LABELS (Alphabetical)

China Record Corporation

Hurray! Holding

Taihe Rye Music Co.Ltd

1/100

WORLD RANKING

Physical sales

Digital sales

Performance rights

–

DIGITAL INDICATORS (millions)

Internet users 221.0

Broadband lines 66.5

Mobile subs 565.2

3G subs –

AGE STRUCTURE

n 0-14 yearsn 15-64 yearsn 65+ years

20%

72%

DIGITAL VALUE BY FORMATYEAR ONLINE MOBILE SUBSCRIPTIONS TOTAL (US$m) TOTAL (LC m) % CHANGE2007 19% 78% 3% 31.8 241.6 13.1%

2006 5% 74% 8% 28.1 213.7 –

2005 – – – – – –

2004 – – – – – –Note: % may not add up to total due to rounding and non-categorised sales (others)

China has the biggest mobile and the second biggest broadband subscriber base in the world. The digital music market has so far been stunted by mass digital piracy, with over 99% of all music downloads being illegal. IFPI estimates that deep-linking music sites represent 50% of online music copyright infringement in China, in contrast to Europe and North America where P2P networks dominate. Of all internet users as many as 71% have downloaded music within half a year (CNNIC, Jan 2008).

The recording industry has had success in the courts trying to remedy the situation, particularly by obtaining a precedent-setting judgment against Yahoo China, the copyright infringing deep-linking music search service. However, civil court remedies neither compensate the wholesale destruction of the digital music market to date by such services, nor the impact on legitimate CD sales which fell by 21% in 2007 from 16.6 million units to 13.1 million.

Physical piracy also remains endemic due to weak criminal laws, enforcement and lax sentencing. China remains one of the largest producers of physical pirate discs in the world.

PHYSICAL SALES BY FORMAT (value)

n CDn Music video

88%

12%

DIGITAL SALES BY FORMAT (value)

n Ringback tonesn Master ringtonesn Streamsn Online single tracksn Subscriptionsn Music videon Other

62%13%

13%

3%2%

Note: Other includes mobile single tracks and other

TOTAL INDUSTRY TRADE REVENUESYEAR US$ (M) LOCAL CURRENCY (M) CHANGE2007 69.4 528.2 -10.4%

2006 77.5 589.8 24.5%