, (shudder) dated January 4th 2008, we find that while CD sales dropped off by some 9.5% from the previous year the industry still managed to sell a total of 500.5 million albums in various forms such as CD’s Digital, LP’s or cassettes.
It is now Number crunching time again.
I am going to use an artist named Josh Groban. Now admittedly I have never heard his material, but he produced a very popular Christmas album entitled; Noel, which sold around 3.7 million copies.
Again using Amazon.com for a sample price, the CD sold for around 12.99. Do the math. Oh never mind I did it for you. The total is around 48 MILLION USD.
That is only one album folks. Mr. Groban has many more albums. And while I don’t know if they are as successful as this one I am no doubt certain that other musicians have done just as well if not better for themselves and the industry.
Moving right along, let us take one of our country’s most beloved companies; The Disney Company.
According to Hoovers.com the Disney Company earned during the fiscal year of 2007 35,510 x 1,000,000 dollars. Oops calculator time again, that totals, hmmm move a decimal here, and ah heck I cheated. 3.551 BILLION dollars.
Alright I know that this is not the best or most scientific analyisis but I believe you get my point.
Let us recap here, using my trusty computer calculator
Movie industry 787 million
Gaming industry 314 million
Music Industry 48 million
One Entertainment Giant 3 billion
The grand total, based on admittedly limited information is 36,659,000,000 Billion Dollars.
Oh how I’d love to see a commercial that would go something like this;
Movies close to 800 million
Games close to 314 million
Music close to 50 million
Disney close to 3 billion
The looks on the faces of major CEO’s should they ever be called into congress to explain their outrageous and obscene windfall profits… priceless