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Downloads and corporate success

I think as we see more and more eBooks and digital books that it’s worth checking out the impact of digital downloads on music companies. To a certain extent you can’t have unlimited free downloads and still have a traditional industry so change is in the works and some hybrid model will likely emerge.
Anyway, this postinig from Ars Technica is worth a read.
Surprise! Universal music revenues up 5% thanks to downloads
That is after 10 years of declines. “Pundits have warned that the major labels should adjust to a world where they aren’t so “major,” but Universal has just announced year-to-date growth of 5 percent. Thank digital downloads and a plethora of new options for grabbing tunes.” It’s interesting to see the effects of the last 10 years on the big three.
Stephen

Posted on: September 17, 2008, 4:57 pm Category: Uncategorized

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