Better Times Ahead for the Music Industry?
Maybe. Check out this graph of predictions of global recorded music revenues created by The Economist. While physical sales have a trajectory similar to a duck shot out of the sky, downloads and digital subscriptions are pointed up. At some point in 2016, digital (downloads, anyway, should surpass physical in terms of revenue. Extrapolate a little further and it looks like digital subscriptions will out-muscle physical a year or so later. I’m unclear what “mobile and other” means.
Click here for the full story. (Thanks to Rupinder for the link.)