TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

More good news: Record business continues downward spiral

Global music revenue fell 3 percent to $21 billion in 2005, with digital failing to make up for the dying CD format. istockphoto_63371_broken_blue_cd.jpg

Per Reuters,

“Digital music sales nearly tripled to $1.1 billion from $400 million the year before, split evenly between online services and mobile phone downloads, the International Federation of the Phonographic Industry (IFPI) said in a report on Friday.”

So, where’s the good news?
apple_ipod_jobs_reuters.jpg

Well, digital downloads nearly tripled. In Japan, digital is already making up for the decline of CDs, something that the States will start to do once everyone has a ‘Pod of one kind or another.

In other words, it’s Steve Jobs’ tune; we just hum along with it.

Mediabistro Course

Overcoming Writer's Block

Overcoming Writer's BlockUse proven tools and exercises to get back to writing! Starting July 15, learn a process that will help you pinpoint your optimal writing conditions, structure your time and build a framework to increase your productivity. Register now!