Global sales of digital music rose this year and are predicted to top £3.92bn ($6.3bn) by the end of December, an increase from £3.67bn ($5.9bn) in 2010, according to a report from Gartner. But the bulk of music industry income still comes from sales of physical music (CDs and LPs) and will continue to do so past 2015 if the …
Hmm, so in summary
In 3 years time, CD sales will still be almost twice as much as digital downloads..
Rumours of the death of CD's have been greatly exaggerated.
Home Taping Is Killing Music!
But but but... but... but... surely some mistake here, quick! Re-open Newzbin!!
""Global sales of digital music rose this year and are predicted to top £3.92bn ($6.3bn) by the end of December"
To which the record company execs add;
"Ah but it would have topped £16.92bn if it wasn't for those pesky pirates. Honest guv."
Hence why the music industry will always be able to blame piracy. You can't measure imaginary lost revenues.
counters the other story
That CDs will be history by the end of next year
""Online music service providers ... must continue to invest in compelling shopping or consumption experiences..." To which he could have added "...because sure as fuck the formulaic drivel the major labels pass off as music won't prise the punters wallets open on its own"