Despite all the hype about the digital revolution, the music business is in serious financial trouble. Sales where down 7% last year in the UK and nearly 10% in the United States, the world's largest music markets. Two of the four music majors , Sony and Warner Music, admitted their pre Christmas sales were down 10% and 14% respectively.
It's no question that piracy and even legal downloads has had a major role in this problem. With sites like ITunes destroying the notion of an albums in favour of single, downloadable tracks. And several sites with easy access for people to illegally download tracks. The idea of buying an hard copy of albums is just not appealing to people anymore. This could be for several reasons, convenience of downloads, easier to upload on to an ipod rather then having to burn the CD, saving on packaging
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