Quote:
Originally Posted by DamianJ
And music too!
The digital music business internationally saw a sixth year of expansion in 2008, growing by an estimated 25 per cent to US$3.7 billion in trade value. Digital platforms now account for around 20 per cent of recorded music sales, up from 15 per cent in 2007. Recorded music is at the forefront of the online and mobile revolution, generating more revenue in percentage terms through digital platforms than the newspaper (4%), magazine (1%) and film industries (4%) combined.
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you need to take a look at the big picture:
"Total revenue from U.S. music sales and licensing plunged to $6.3 billion in 2009, according to Forrester Research. In 1999, that revenue figure topped $14.6 billion ... the trend has been very clear: RIAA has reported declining revenue in nine of the past 10 years, with album sales falling an average of 8% each year."
D.Goldman; (2010); money.cnn.com/2010/02/02/news/companies/napster_music_industry/index.htm?hpt=Sbin
also you can't compare the movie industry to adult. Its a completely different product. Even if all movies would be available for free online, and you could download a Blu-Ray within a minute, people would still go to the theater, to "experience" the movie in all its glory with friends or family.