Surprise! Universal music revenues up 5% thanks to downloads

If you build it they will come. In this case, content providers are FINALLY realizing they need a new model to take advantage of what is going on in this world. I think a perfect example of this is FM song tagging with the new Zune software. Another idea I really like is music video purhcasing while watching videos on Jump Start on VH1 :). /me patents that :p

As always, ARS has a great read :).

ars

The growth of digital isn’t always enough to offset CD sales (and it doesn’t help when your company’s CDs were implicated in a major rootkit PR disaster a few years back). Sony BMG said that its decline in revenues was "primarily due to the continued decline in the physical music market worldwide not being fully offset by growth in digital product sales."

tagged with

Related Posts