Friday, May 2, 2008

CONSUMERS WANT MUSIC, NOT SUBSCRIPTIONS

I find this interesting, and plausible. Free-flowing is what captures our audience and that's what you'll find on this site.

CONSUMERS WANT MUSIC, NOT SUBSCRIPTIONS

Music subscriptions services aren’t catching on with consumers, according to figures released by the RIAA. Subscriptions to services like Rhapsody and Napster grew from 1.7 million subscribers in 2006 to just 1.8 million in 2007 — an increase well under 1%. Revenues actually fell 2.6% over this same time span (from $206.2 million to $200.9 million). As Digital Music News reports, there are fewer companies competing in the space. Rhapsody has taken over MTV’s Urge, and RealNetworks (Rhapsody’s parent) is assuming control of Yahoo Music.

Source: News@11

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