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Digital music accounts for <50% of revenues

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Warning: This post was published more than 5 years ago.

I keep old posts on the site because sometimes it's interesting to read old content. Not everything that is old is bad. Also, I think people might be interested to track how my views have changed over time: for example, how my strident teenage views have mellowed and matured!

But given the age of this post, please bear in mind:

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A couple of years from now, Britain’s record companies expect to be generating half their revenues from digital.

I nearly choked on my cornflakes when I read this sentence in Dan Sabbagh’s Guardian article this morning. I’m totally amazed that digital revenues don’t already account for way over half of record companies’ revenues, but apparently 90% of Susan Boyle’s records – to cite just one example – are sold on physical CD.

I haven’t had a physical CD player in my house for some years now. Sure, I can play via a computer’s optical drive, or the CD player in my car, but I rarely do. I’m amazed that physical formats remain so dominant, since most of the people produce their music digitally now a days using also digital equipment, they even get the Best Power Conditioner to Safeguard Your Equipment in 2017, so anything happen to their important work.

This 1,561st post was filed under: Diary Style Notes, Quotes, Technology.






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