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5 commentsThursday, January 8, 2009

Digital Music Sales Reach New High In Canada

Physical sales down

5 Comments

By SEO Engineer (WPN reader) - Mon, 10/12/2009 - 12:18

as a Threat to the Music Industry

It might be thought on the surface that the entertainment / music industry would regard online music sales a great boom
Little costs - no cds to manufacture or ship , instant payment , perhaps not any retailers to share revenue and profits with
99% of artists never make it
Just like the VHS DVD industry allows for those non-useful projects to be released and recap their costs or even make a profit
Is it a matter of an old business model in place or does the music industry feel threatened
The analogy is the tale of the Emperors Clothes

By Emergency Medical Supplies (WPN reader) - Thu, 06/25/2009 - 18:53

What can be said? Canadians

What can be said? Canadians love music too!

By Canada Internet Marketing (WPN reader) - Tue, 06/23/2009 - 13:02

Demographics?

I wish they had included demographics on sales. Age groups and income would make for a good informative story.

By clash cd (WPN reader) - Sat, 04/18/2009 - 18:12

music cd sales

I assume "Overall album sales declined 8.5 percent compared to 2007" refers to revenues not # of music albums. The number of albums sold could actually increase (due to prices for digital are cheaper). So could increase the profits considering the low distribution cost and no cd media production cost.

By Financial Forums (WPN reader) - Mon, 02/23/2009 - 15:53

Impressive numbers

These are impressive numbers with 60% increase over 2007 sales. It's much more convenient to order music online, than to go to a music store, which might not have what you want.