American Music Sales Plunge 15% In 2007
The American music industry continued its tailspin with album sales plummeting 15% in 2007. Sales of physical and digital albums dropped to 500.5 million units, as the music industry faced a shortage of quality releases and competition from video games, which have been on a tear. The results marked the lowest tally and the steepest decline since Nielsen began publishing estimates based on point-of-sales data in 1993. The peak year in...
Sony BMG Set To Sell Downloads Without DRM
Ding Dong The Witch Is Dead! Sony BMG Music Entertainment is reportedly set to sell downloads without Digital Rights Management (DRM). The last major label holdout will offer at least part of its catalog without copyright protection some time this winter. Sony BMG would become the last of the top four music labels to drop DRM, following Warner Music Group (WMG), which in late December said it would sell DRM-free songs through...
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