That would be the music biz. Ever since the first Napster took stage in the 1990s, the industry hasn’t been able to figure how to make money in the Digital Age. The only thing it’s learned to do well is sue people — lots of people. Meanwhile, CD sales plummeted (no surprise) last year, far worse than the year before. And with the price has gone the value of music. The times, they are a-changin’.
LONDON (Reuters) – Sales of music fell at a faster rate in 2007 than 2006 despite digital sales soaring, and the gatekeepers of the Web must act if the industry is to beat piracy, the international trade body said on Thursday.
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