Peter Kafka

Recent Posts by Peter Kafka

Michael Jackson Can't Help Sony Music Any More

Michael Jackson was such a huge star that he was able to stop the music industry’s perpetual slide: In the aftermath of his death last year, sales perked up at Sony’s music arm, which puts out the singer’s catalog.

But there’s no star big enough to permanently stop gravity. Now that Jackson sales have come back to earth, Sony reports that last quarter’s sales dropped another 10.8 percent, or a mere 6 percent if you strip out the effect of currency fluctuations. Operating income dropped 6.1 percent.

Reminder: Digital music sales, which were eventually supposed to overtake physical sales and push revenue back up once again, aren’t doing the trick. In the U.S., sales via Apple’s iTunes and other outlets are either flat or shrinking, depending on the sales data you’re looking at. (Which should make the labels either less likely or more likely to get deals done with the likes of Spotify. Take your pick!)

Meanwhile: Did you buy, or hear of, any of the following? Sony says they were bestsellers, at least comparatively: Yui’s “Holidays in the Sun,” Miliyah Kato’s “Heaven,” Kana Nishino’s “To Love,” Yannick Noah’s “Frontières,” Santana’s “Guitar Heaven: The Greatest Guitar Classics of All Time” and Kenny Chesney’s “Hemingway’s Whiskey.”

UPDATE: Billboard editor Bill Werde notes that Sony plans to release more Jackson this year, so perhaps it can wring out another bump. He also notes that he’s heard of Kenny Chesney. Me too! But I was surprised to learn that Yannick Noah has a post-tennis career as a musician.


comments so far. Add yours.

  • http://www.facebook.com/bobsentell Bob Sentell

    Note to Sony: Release music we want to listen to and we will buy it. Thanks to iTunes, I’m not buying your crap albums anymore just to get the one song I like.

  • Anonymous

    Actually, with the technology we have today, it may be possible to sample michael jackson’s voice to the degree we can manipulate it into new songs, using songwriters who would master the style which has been his trademark.
    Hell, we could even animate his digital images thru sampling as well, to make the songs into videos……. using a coryographer (spelling) for animation sequences.
    So, lol, who wants to make some monmey here? Hahahaa

  • http://www.facebook.com/people/Dimple-Lovesmj/100001266635097 Dimple Lovesmj

    they can’t murder him for money again…
    Maybe LMP can help them boost their sales…

  • Anonymous

    Serves Sony right for wronging Michael. And after they exhaust sales of any “new” material, they will see their demise soon.

  • Anonymous

    Serves Sony Right after all the Wrong they did to Mr. Jackson. And there will be more financial pain — likely demise — after they’re done exhausting sales of Michael’s “new” material… They conspired to do away with a prodigal artist and they will soon see their returns run to the ground. Karma.

  • Anonymous

    No more MJ bloody from me $$ONY.. You did MJ wrong and are trying to fool us fans. MJ wanted nothing to do with you.. I can’t wait till you & AEG go bust serves you right. I want Justice first before music…

  • http://pulse.yahoo.com/_MR6P27OIAIUTX42SCQ5TAKTANA Gabrielle

    Karma is a bitch Sony! The executives held their agenda against Michael Jackson unto his grave, and this is what you’ll get in return! Michael Jackson is who brought you to the top to begin with… you ain’t NOTHING without him!

  • Anonymous

    It only means, Sony’s artists (Gaga, Eminem, etc) are not making enough sales, and not big enough as their internet troll fans claim.

    If Sony who administer the songs of these so called big artists are not making enough sales when so many Sony’s artists are on the top charts (Taylor Swift, Rihanna, Eminem, etc.) then I feel sorry for the other music companies.

  • Anonymous

    It only means, Sony’s artists (Gaga, Eminem, etc) are not making enough sales, and not big enough as their internet troll fans claim.

    If Sony who administers the songs of these so called big artists are not making enough sales when so many Sony’s artists are on the top charts (Taylor Swift, Rihanna, Eminem, etc.) then I feel sorry for the other music companies.

  • http://twitter.com/apphacker App Hacker

    iTunes’ “genius” mixing app has actually gotten me back into buying albums. It’s pretty cool how it’s able to find good songs and mixes from entire albums, it was surprising at first.

  • *Jam!*

    *Jam*

  • http://twitter.com/mchlnero Michael Nero

    Those people you listed are universal music artists not sony music

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