eMusic Up For Sale?
Several industry veterans have informed us that eMusic will be purchased this Spring by an established player. The concern is said to be shopping itself for nine figures. Names associated with the purchase include Yahoo!, Amazon, and of course, Google, who never absent from the list of suitors when rumors of this nature surface. We’ll keep you posted…
CD Sales Down 20% In First Quarter Of 2007
The seven-year sales beatdown to the music industry has hit a new low. Compact-disc sales for the first three months of this year have declined 20% from a year earlier. The sharp slide in sales of CDs in the first quarter of 2007, which still account for more than 85% of music sold, is far greater than the sales growth of digital downloads. Digital downloads have risen 54% from a year earlier to 173.4 million, according to Nielsen...
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