The look now has to go beyond piracy for the obvious possible goods and services that are taking a bite out of music sales. "Piracy in all its forms has been the major factor in this reversal but not the only factor." EMI chairman Eric Nicoli said. He cited increasing competition from other categories of consumer goods. "Twenty years ago there were no mobile phones, no DVDs, no computer games to speak of." he said.
"In categories that did exist, like magazines, cosmetics and designer clothes, we've seen a massive explosion of choice and accessibility to consumers. So no surprise, then, that music sales have come under pressure." he added. To attempt to increase revenues, some record labels have been pressuring Apple to allow variable pricing on tracks offered by the iTunes music store. Apple so far has insisted that a blanket price per track is the best way to go and is unwiling to change its stance.
Source:
BBC News
Written by: James Delahunty @ 23 Jan 2006 8:23
