‘Digital dust’: 10m music tracks remained unsold
Online music downloads allowed the users to enjoy a wide range of music tracks that were never available to the people in such a great number at one place.
There was a problem, however, as the consumers didn’t show any interest in each and everything available for downloading and they just looked for the things they had already decided for themselves.
According to some recent stats, now there are more than 13m tracks out there for downloading, and only 52,000 songs were downloaded that made 80% of online music purchase.
Similarly, there were an astounding 1.23m albums available there with 173,000 online downloads and it equals to 85% of those albums that were released during this year and whose even single copy was not sold.
Will Page, Andrew Bud and MCPS-PRS Alliance economists gathered these figures regarding online music downloads.
In an interview with the Times, Andrew Bud told about these figures: “When it’s about maintaining an adept inventory, high-street retailer and digital are facing similar sort of circumstances.”
“We can expect some new things out there that would be very similar to something like old rules for new schools.”
Related posts:
- Social Features Now Coming to Spotify’s Music Service
- How to preserve digital photos for 150 million years?
- iPhone’s RJDJ, One of THE Most Unique Music Technology
- New PAYG USB modem from Vodafone
- Research Furtively Tracks Mobile Phone Users Outside of the United States
