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: Stephen's LighthouseDownloads 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
Full post as published by Stephen's Lighthouse on September 17, 2008 (boomark / email).
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