FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

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

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!