Digital music is profitable and fun
According to figures released by an industry trade group, digital music sales tripled in the first half of 2005, even as physical sales fell by 2-10% around the world. Mobile phone “ringtunes”, pay-as-you-go downloads and music subscriptions combined to offset the recent and persistent declines in overall sales.
Yes, we’re shocked — shocked! — to find there is music-buying going on here.