They haven’t yet given up on trying to charge for their music, but it’s becoming more and more clear that as long as there is a free alternative (file sharing), the price of music will have to fall towards free.
Music Taxes Will Kill Music Innovation
Music industry revenues will be a set size, regardless of the quality or type of music they release.
Soon labels will complain that revenues aren’t high enough to sustain their businesses, and demand a higher tax. It will go up, but it will never go down.
the results from 2007 confirm what EMI's focus group showed: that the record industry's main product, the CD, which in 2006 accounted for over 80% of total global sales, is rapidly fading away.
the volume of physical albums sold dropped by 19% in 2007
For the first half of 2007, sales of music on CD and other physical formats fell by 6% in Britain, by 9% in Japan, France and Spain, by 12% in Italy, 14% in Australia and 21% in Canada.
“In 2007 it became clear that the recorded-music industry is contracting and that it will be a very different beast from what it was in the 20th century,”
Warner Music's share price has fallen to $4.75, 72% lower than its IPO price in 2005
They now want to move beyond Apple's iTunes and its paid-for downloads.
Almost one in three women aged 35 to 39 in the city of 6.9 million said they had fewer children than they wanted but many said they did not want to risk a late pregnancy.
OCEANS' GREATEST DEPTHS
Mariana Trench, Pacific Ocean 35,827 ft
10) LARGEST USA CITIES!
(By Population) Numbers shown are the population within the recognized city limits, and do not include people living in the immediate surrounding area outside of the established border of the city (often called the metro). For those numbers, visit this page
New York City, NY 8.09 million
DEEPEST OCEANS & SEAS
SMALLEST COUNTRIES
(by land mass)
Pacific Ocean (35,827 ft) (10,924 meters)
Vatican City 0.44 sq km, (0.17 sq miles)
LARGEST CITIES ON THE PLANET!
Numbers shown are the population within the recognized city limits, and do not include people living in the immediate surrounding area outside of the established border of the city. For the largest metropolitan areas refer to the list below this one.
Revised (10/01/04)
Shanghai, China 13.3 million
San Marino (301 AD)
OLDEST COUNTRIES
MAJOR SEAS (by size)
locator map here
South China (2,974,600 sq km)
YOUNGEST COUNTRIES
Montenegro (July, 2006)
RICHEST COUNTRIES
(GNP in USA Dollars)
Luxembourg ($45,360)
MAJOR ISLANDS
(by size)
locator map here
Australia, (7,617.930 sq km) is widely considered part of a continental landmass, not officially an island. But without doubt it is the largest island on the planet, and when combined with Oceania, the smallest continent on Earth.
POOREST COUNTRIES
(GNP in USA Dollars)
Mozambique ($80)
LARGEST METRO AREAS IN THE WORLD
Numbers shown are the population within the immediate surrounding area of the established border of the city, and also include the city limit population figures.
Revised (09/05)
Toyko, Japan 31.2 million
COUNTRIES WITH MOST LAND BORDERS
China (14)
MAJOR RIVERS (By Length)
Nile, Africa (6,825 km)
MAJOR LAKES (By Size)
Caspian Sea, Asia-Europe (371,000 sq km)
TOP 10 TALLEST MOUNTAINS
Mount Everest 8850m (29035ft) Nepal/China