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7/28/11

Music Sales Predicted to go Up

Hypebot Passed Along This Study:
Global digital music revenues will more than double from $7.4 billion in 2010 to 20.1 billion by 2015, according to the new Digital Music Market Outlook by Companies And Markets. That's a compound annual growth rate of 22.1% over the period. Subscriptions will be the fastest growing segment, growing at a 60.8% CAGR to 2015.
There was never going to be a "music apocalypse" as predicted, just a change of business model.

Music is eternal.

1 comment:

  1. http://www.ritholtz.com/blog/2011/08/30-years-of-music-industry-change/

    ReplyDelete