Slashdot Mirror
At Atlantic Records, Digital Sales Surpass CDs
The NYTimes reports that Atlantic is the first major label to report getting a majority of its revenue from digital sales, not CDs. Analysts say that Atlantic is out in front — the industry as a whole isn't expected to hit the 50% mark until 2011. By 2013, music industry revenues will be 37% down from their 1999 levels (when Napster arrived on the scene), according to Forrester. "'It's not at all clear that digital economics can make up for the drop in physical,' said John Rose, a former executive at EMI ... Instead, the music industry is now hoping to find growth from a variety of other revenue streams it has not always had access to, like concert ticket sales and merchandise from artist tours. ... In virtually all... corners of the media world, executives are fighting to hold onto as much of their old business as possible while transitioning to digital — a difficult process that NBC Universal's chief executive ... has described as 'trading analog dollars for digital pennies.'"
There is an interesting paragraph in the article....
To paraphrase - we think the artists owe us more money
To be optimistic, perhaps they simply realized that they take too much, and now want to give more to the artists?? Okay, so this is slashdot... set mod to funny.
you think that's bad? just try getting ahold of blank punchcards sometime!
I work for the Department of Redundancy Department.
That's what I love about Slashdot. It always ends up with somebody trumping someone else down to steampunk levels of technology.
Linux, you magnificent bastard, I read the fucking manual!
The wife?
Keep your eyes to the sky.
That message was sent 25 years ago. It was delivered on a cassette tape.
2000 called. They want their Florida ballots back.
My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
Hey, tell us what you REALLY think Ray!
(-:
Thanks for the great work you do!
On the bright side, I have yet another anecdote about the preview button.
And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
1) Make friends with someone living in America with a *nix box
2) Get US credit card
3) ssh -D 6666 youracct@yourpal.com
4) Configure SOCKS 5 proxy to get webby goodness from localhost on 6666 in Firefox network prefs
5) Australia? Where the hell is that?
If you never make mistakes, it's probably because you're not doing anything.
I, like many of my peers, prefer my music on good old fashioned analog CDs.