December 31, 2006

Explosive growth for concerts

artmcont.gif Concert sales exploded in 2006, reports The Boston Globe.

"... While the remarkable rebound in the concert industry in 2006 came as a surprise to many, the rapid growth in downloading was expected -- part and parcel of music's swift-moving transition from physical product to digital delivery.

Our computers -- home to blogs, social networking sites, and file-sharing opportunities -- were also the foundation of a burgeoning grass-roots movement in music. This virtual community flexed its formidable muscle this year by anointing its own music heroes.

Elsewhere in the technology revolution, cellphones were at the cutting edge as the hot new platform for selling and distributing music. All the major wireless companies launched either a la carte music services or subscription services that let users download full tracks right to their phones. The steep price -- $2 to $2.50 per track -- hasn't stopped Sprint customers from downloading more than 9 million songs so far."

emily | 7:01 PM | News, Buzz | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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