We knew this day would happen, and oddly enough, the world is still spinning. Legendary music label, Atlantic Records just reported that digital music revenue has surpassed compact disc sales. Yikes!
Atlantic has said that digital sales, which include downloads from places like iTunes and Amazon.com, plus cellphone ringtones generated more revenue than CD. Atlantic's parent company, Warner Music Group, reported that digital sources only accounted for 27 percent of their American revenue last quarter.
While those numbers might be startling, these from a New York Times story are more sobering . . .
Continue reading "Atlantic Records: For First time, Digital Outsold CD " »
