Breaking News

Z890 AORUS TACHYON ICE Dominates Global DDR5 Performance, Shattering World Record at DDR5-13530 New Vero L6 generation of the PSUs The Lockerstor Gen2 Series Brings 10-Gigabit Performance for 5-Gigabit Prices ASUS Republic of Gamers Launches ROG Matrix GeForce RTX 5090 Razer Unveils Raiju V3 Pro Elite Esports Controller For PS 5

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Music industry blames Net for some revenue woes

Music industry blames Net for some revenue woes

General Interest Feb 17,2001 0

"...The record industry poured a little more fuel on the online piracy wars Friday, blaming a steep decrease in CD singles sales in 2000 on unauthorized Internet downloads. Shipments of singles fell by nearly 40 percent last year, after relatively flat growth in the two previous years, the Recording Industry Association of America said. Overall, CD sales were up slightly for the year, compared with 1999 sales, however. The industry said the drop in singles sales was "principally brought on by new options provided by the Internet."

The drop in singles sales, which account for less than one percent of the industry's revenues, doesn't amount to a scathing indictment of the effect of music-swapping services like Napster on the music industry, however. Overall shipments of music to retailers lagged in the second half of the year, but the industry association attributed that in part to the slowing economy and consolidation among the large music outlets.

In the course of the year, the industry posted revenues of $14.2 billion, down nearly 2 percent from 1999. Contributing to the decline were also drops in the numbers of vinyl records and singles, cassettes albums, music videos, and an almost total disappearance of the cassette single. Revenues from CDs rose by just over 3 percent, despite the end of minimum pricing plans that had triggered antitrust investigations from federal and state regulators..." NULL

Tags: Piracy
Previous Post
Teac Japan announces CD-W516E (16/10/40)
Next Post
VERITAS Software acquires Prassi Europe!

Related Posts

  • Amazon Sues Online Stores Selling Pirated DVDs

  • Denuvo launches Nintendo Switch Emulator Protection

  • USTR Lists Amazon Websites in Notorious Markets for Counterfeiting and Piracy Report

  • U.S. President Signs Executive Order to Prevent Sales of Imported Counterfeit Goods

  • Two Computer Programmers Plead Guilty to Operating Large Movie and Television Show Streaming Services

  • Ubisoft is Trying to Prevent Illegal Sales of Game Activation Codes

  • German Authorities Shut Down File-sharing Site

  • Youtube-mp3.org Site Shut Down

Latest News

Z890 AORUS TACHYON ICE Dominates Global DDR5 Performance, Shattering World Record at DDR5-13530
PC components

Z890 AORUS TACHYON ICE Dominates Global DDR5 Performance, Shattering World Record at DDR5-13530

New Vero L6 generation of the PSUs
PC components

New Vero L6 generation of the PSUs

The Lockerstor Gen2 Series Brings 10-Gigabit Performance for 5-Gigabit Prices
Enterprise & IT

The Lockerstor Gen2 Series Brings 10-Gigabit Performance for 5-Gigabit Prices

ASUS Republic of Gamers Launches ROG Matrix GeForce RTX 5090
GPUs

ASUS Republic of Gamers Launches ROG Matrix GeForce RTX 5090

Razer Unveils Raiju V3 Pro Elite Esports Controller For PS 5
Gaming

Razer Unveils Raiju V3 Pro Elite Esports Controller For PS 5

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed