Sony to offer discounted "Album of the day" to iOS users
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With all of the streaming music sites available, album sales have taken it on the chin. Album sales have declined 14.9% year-over-year in the first six months of the year. Meanwhile, demand for streaming music has increased 50.1% over the same time period. So Sony had a bright idea. The company is offering an iOS app called "Album of the Day," which offers users the ability to download a specific LP, at a discount of as much as 70%. The album for sale changes with the rising of the sun each day, accompanied by a notification to let you know what is being offered.
The first album available at a discount is Michael Jackson's Xscape, which is priced at $5.99. That is a 40% discount from the album's $9.99 full price. Upcoming artists being featured include Simon & Garfunkel, Santana, Dixie Chicks, Audioslave, Bruce Springsteen, Johnny Cash, Kings of Leon, Pink, Bob Dylan, Lauryn Hill, The Script, Usher, Meat Loaf, Rodriguez, Sade, Aerosmith and Alicia Keys. A rather eclectic group to be sure.
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source: AlbumoftheDay via LATimes
Sony tested the app in Germany, where it did well. Now, the company hopes to capture the same success in the U.S. It seems like a great idea for Sony, allowing it to generate sales from a catalog that is getting older each day.
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source: AlbumoftheDay via LATimes
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