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Online Music Sales Trending Upward
2011-11-09 06:44:17

Gartner, a technology research firm, expects online music revenues to be up 7 percent this year to $6.3 billion. Services such as iTunes and Spotify are leading the trend as they gain momentum. Gartner forecasts that by 2015 online music spending will rise to more than $7.7 billion from $5.9 billion in 2010. They also predict in the same period that music CD revenues will fall from $15 billion to $10 billion. Reuters notes that CD sales are especially hurt by music piracy as well as...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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