December 8, 2007
Music industry betting on mobiles
The music industry and retailers are hoping mobile music downloads will reverse the decline in music sales. The BBC reports.
... "CD sales might be tumbling but digital music sales are steadily increasing. Unfortunately digital growth only accounts for a tenth of overall music sales, so they are still not making up for the shortfall generated by CDs.
There is one territory which is bucking this trend though. Digital music sales in Japan are sufficient to offset the loss made by CDs. In fact, Japan saw a 1% rise in music sales last year. Industry observers attribute this rise to mobile music downloads.
... Downloading via mobile offers the user the ability to browse a store's back catalogue, purchase and download music all via a mobile phone while on the move, cutting out the need to download songs using a computer."
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