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Global Music Sales Fell 7% in 2008. (Is this business dead?)
- AndrewWarner 18y agoNo industry could survive with this kind of decline. This is untenable. Something revolutionary needs to happen, and it can't come from within because they're too busy protecting the current, failing system.
- imgabe 18y agoI think total revenue is a poor way to measure the demand for music. The delivery of music recently became a lot more efficient now that songs can be downloaded online. It only makes sense that revenues would decline because a lot of the overhead that was built into the price has disappeared. It also doesn't help that for years the music industry conspired to keep the price of CDs artificially high.