February 27, 2011

In Brazil, the Future of the Music Business is in Cell Phones–And Already Here

03050015000000592075.jpeg After the death of popular music download sites Napster and Kazaa, Brazil went in a very different direction it came to buying songs. Fox News Latino reports.

quotemarksright.jpgAccording to Universal Music Group, 30% of revenue in the country comes from digital sales. Within this amount, 30% of the sales are online and 70% comes from cell phones – almost the opposite from the rest of the world, where online represents 80% of the total. The music industry sees this as a new breath in sales in the biggest market of Latin America.quotesmarksleft.jpg

Read full article. Image from noovo.

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