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.