Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Optical Storage > Music i...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, February 17, 2001
Music industry blames Net for some revenue woes


"...The record industry poured a little more fuel on the online piracy wars Friday, blaming a steep decrease in CD singles sales in 2000 on unauthorized Internet downloads. Shipments of singles fell by nearly 40 percent last year, after relatively flat growth in the two previous years, the Recording Industry Association of America said. Overall, CD sales were up slightly for the year, compared with 1999 sales, however. The industry said the drop in singles sales was "principally brought on by new options provided by the Internet."

The drop in singles sales, which account for less than one percent of the industry's revenues, doesn't amount to a scathing indictment of the effect of music-swapping services like Napster on the music industry, however. Overall shipments of music to retailers lagged in the second half of the year, but the industry association attributed that in part to the slowing economy and consolidation among the large music outlets.

In the course of the year, the industry posted revenues of $14.2 billion, down nearly 2 percent from 1999. Contributing to the decline were also drops in the numbers of vinyl records and singles, cassettes albums, music videos, and an almost total disappearance of the cassette single. Revenues from CDs rose by just over 3 percent, despite the end of minimum pricing plans that had triggered antitrust investigations from federal and state regulators..."



Previous
Next
Teac announces CD-RW5120S        All News        Teac announces CD-RW5120S
Teac announces CD-RW5120S     Optical Storage News      Teac announces CD-RW5120S

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
Search Engines Play A role In Piracy: study
UK 'Softens' Copyright Alert Program
U.S. Releases Trade Report On Worst Copyright Offenders
European ISPs May Be Ordered To Block User's Access To Pirated Content: court
Hotfile To Pay $80 Million In Settlement Case With MPAA
French Court Tackles Streaming and Download Sites
MPAA Lists The World's Most Notorious Markets For Illegal Film Distribution
Search Engines Encouraging Online Content Infringement: MPAA
France Drops Three-strikes Law
Australian Police Sized 80,000 Counterfeit DVDs
Web Piracy Does Not Affect Music Sales, Study Says

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .