Nielsen is reporting trouble for the music industry, which has been losing CD sales almost exponentially for a decade and now faces a significant decline in legal digital downloads.
Revenue is flat at the halfway point of this year (+0.3%).
Ringtones are down 24% since they peaked in 2007 according to Business Week.
There are arguments being tossed about that consumers have completed building their digital libraries for iPods and other mobile devices, but how does an active music buyer ever complete adding new music?
The&hellip
Recent Posts
- The Company Cleaning iHeart’s Clock
- The End of Consolidation
- The Return of Payola
- iHeart Scraping Competitors’ Business
- The Hurry-Up Cumulus Bankruptcy Plan
- Urban One’s Managed Decline
- An Urgent Behind-the-Scenes Cumulus Pivot
- GM Secretly Taking Back In-car Entertainment
- The Podcast Reckoning
- Beasley’s Nepo Problem