Sign up for ProSoundWeb newsletters
Subscribe today!

New Study Challenges Internet Music Sales Predictions
+- Print Email Share Comments (0) RSS RSS

A new study by the chief economist of the MCPS-PRS Alliance, a not-for-profit royalty collection society, found that sales of music via the Internet are highly limited to a relatively small share of total files available online.

In fact, the study notes that “of the 1.23 million albums available (online), only 173,000 were bought, meaning 85 per cent did not sell at all.”

The findings were reported in by The Telegraph newspaper of the U.K., which states that the study “challenges the idea that niche markets were the key to the future for Internet sellers.”

Read the full report in The Telegraph here.

With Live Sound, You Can Make Anyone Sound Good

A free subscription to Live Sound International is your key to successful sound management on any scale — from a single microphone to a stadium concert. Written by professionals for professionals, each issue delivers essential information on the latest products specs, technologies, practices and theory.
Whether you’re a house monitor engineer, technical director, system technician, sound company owner, installer or consultant, Live Sound International is the best source to keep you tuned in to the latest pro audio world. Subscribe today…it’s FREE!!

Commenting is not available in this weblog entry.