Bloomberg has the following story today:
"Global Music Sales Fall to $32 Billion on Piracy, Less Spending
April 7 (Bloomberg) -- Global recorded music sales fell to $32 billion last year, their fourth annual decline in a row, hurt by illegal copying and increased consumer spending on products such as video games and DVDs, an industry group said.
World music sales dropped 7.6 percent in 2003, said the International Federation of the Phonographic Industry, a London- based group representing companies including EMI Group Plc and Universal Music. The rate of decline slowed in 2003 as U.S. sales started to rise again in the second half...
[Read the full story]
Of some interest, sales in the U.S. started to climb again towards the end of 2003. The industry notes that there were some popular releases but what about services like Apple's iTunes, available for now online in the U.S. Could Apple's iTunes and other downloading services have helped boost sales of CDs?
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Who pays for this blog? I receive no fees, considerations, etc. etc. for the posts on this blog nor do I have any plans to accept any. My salary is paid by Canwest Global Communications Corp. I work for that company as the Ottawa-based National Affairs Correspondent for Canwest News Service. The blog publishing platform used here is called Blogware and it's developed by Tucows Inc. of Toronto, Ontario, Canada. My use of Blogware should not be taken as an endorsement of that company. Like all Blogware users, I do not pay any fees for the use of this service. I participate in program. Google pays me some money and, for that, I give Google some space on this site to display ads. Google sells those ads and Google, not me, decides what advertising content you are seeing. I do not filter these ads and take no responsibility for them. Readers should not assume I endorse any of the products or services advertised here. If you think other disclosures are appropriate in this space, I'd like to hear from you. All of my contact details are always at www.davidakin.com You can read more about this section |
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