The Latest Music Industry News
Australian Music Business Declining According to the PricewaterhouseCoopers study Australian Entertainment & Media Outlook Australia’s recorded music market is expected to decline 6.8% to $795 million at the end of 2008. This comes off the back of a 10.6% fall in 2007. Again - the finger is pointed at digital and ringtones. Apparently their rise hasn’t made up for plummeting physical CD sales. The moral of the story? Buy more music on iTunes.
Study: The Leading Digital Music Retailers in the USA are…
iTunes and Amazon. This is according to the most recent surveys by NPD. Read about it here .
