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<blockquote data-quote="muzikfrk" data-source="post: 1590">A new PricewaterhouseCoopers report released today estimates that digital-music sales will surpass physical-format sales in three years. So that has to be good news, right? Please?[According to the report], spending in the U.S. will be dropping about 0.4% a year for the next five years, reaching an expected $11.3 billion in 2011, down from the $11.5 billion spent in 2006. Report predicts that sales will drop again this year, to $10.48 billion, and next, to $10.43 billion, but will start to recover in 2009...Driving the digital marketplace will be new mobile services, attractive pricing, enhanced interoperability and record-store closings. Ringtunes, for example, are expected to bring in $1.58 billion in 2011, nearly double the $800 million predicted for this year. Ringtones, meanwhile, will practically disappear.So ti summarize: In two years, there will be no record stores, nobody will be making any money, and every movie-going experience will be interrupted by teenagers playing full-length Ashley Tisdale songs on their Nokia. Does that count as a depression?<a href="http://www.variety.com/article/VR1117967322.html?categoryid=18&amp;cs=1" target="_blank">Music sales shifting to digital globally</a> [Variety]<a href="http://feeds.gawker.com/~a/idolator/full?a=TM6UfI" target="_blank"><img src="http://feeds.gawker.com/~a/idolator/full?i=TM6UfI" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" />&lt;/img&gt;</a><a href="http://idolator.com/tunes/mark-your-calendars/music-industry-to-end-only-slightly-sooner-than-expected-271046.php" target="_blank">More...</a></blockquote>

[QUOTE="muzikfrk, post: 1590"] A new PricewaterhouseCoopers report released today estimates that digital-music sales will surpass physical-format sales in three years. So that has to be good news, right? Please? [INDENT][According to the report], spending in the U.S. will be dropping about 0.4% a year for the next five years, reaching an expected $11.3 billion in 2011, down from the $11.5 billion spent in 2006. Report predicts that sales will drop again this year, to $10.48 billion, and next, to $10.43 billion, but will start to recover in 2009...[/INDENT] [INDENT]Driving the digital marketplace will be new mobile services, attractive pricing, enhanced interoperability and record-store closings. Ringtunes, for example, are expected to bring in $1.58 billion in 2011, nearly double the $800 million predicted for this year. Ringtones, meanwhile, will practically disappear.[/INDENT] So ti summarize: In two years, there will be no record stores, nobody will be making any money, and every movie-going experience will be interrupted by teenagers playing full-length Ashley Tisdale songs on their Nokia. Does that count as a depression? [URL="http://www.variety.com/article/VR1117967322.html?categoryid=18&cs=1"]Music sales shifting to digital globally[/URL] [Variety] [URL="http://feeds.gawker.com/~a/idolator/full?a=TM6UfI"][IMG]http://feeds.gawker.com/~a/idolator/full?i=TM6UfI[/IMG]</img>[/URL] [url=http://idolator.com/tunes/mark-your-calendars/music-industry-to-end-only-slightly-sooner-than-expected-271046.php]More...[/url] [/QUOTE]

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