Music industry watch

Music sales rise

I should've blogged this a while ago -- its a great analysis on the current happenings in the music industry. Barry Ritholtz writes Music Sales Rise on Aggressive Discounting, Price Competition and an Improving Economy:

The Recording Industry Association of America (RIAA), the industry's usually vocal mouthpiece, has been notably silent on this development. Given their typical penchant for publicity, one would have assumed the RIAA would be crowing about the sales improvement, claiming their much criticized litigation strategy was paying off in spades.

Their silence speaks volume.

I suspect the reason the RIAA has been so hushed on this issue is that the increase in sales has nothing to do with their aggressive litigation tactics.

Not surprising that file traders continue to be scapegoat... Barry's article talks in detail about the rising CD sales, dropping prices and where your money goes when you purchase a CD. Great work, Barry!

Posted by Mayhem at January 9, 2004 01:43 PM