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Digital music accounts for <50% of revenues

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 popular.

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

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