Digital Downloads a Phoenix for Music Industry?

Ainsley Jones

According to Forrester Research, the music industry will continue its decline but digital downloads of music will surpass CD sales by 2012. With major labels now being committed to DRM-free music, the industry will remake itself by the very same technology that caused its collapse, reports a RedHerring.com article.

 

This Radio Ink piece imparts that the music industry has failed to capitalize on several markets. James McQuivey, the author of the Forrester report, says the music industry will have to refine what its product is and seek revenue in places it has yet to unearth, such as video games.

 

In a bit of a contrast, a source of income for the industry could be DRM. A Business Wire article reports that fingerprinting and digital watermarking, two extensions of DRM, could be monetized across several media-centered applications.



Add Comment      Leave a comment on this blog post

Post a comment

 

 

 

 


(Maximum characters: 1200). You have 1200 characters left.

 

 

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


 
Resource centers

Business Intelligence

Business performance information for strategic and operational decision-making

SOA

SOA uses interoperable services grouped around business processes to ease data integration

Data Warehousing

Data warehousing helps companies make sense of their operational data