iMav
The Devil's Advocate
Tech2 said:Called "slotMusic," the new format is meant to address two intertwined trends. Most albums are still sold in a physical format - 449 million were sold on CDs in 2007, while 50 million were sold digitally, according to Nielsen SoundScan - yet CDs are decreasingly popular. Albums sold on CD dropped almost 19 percent last year.
Given this, the record labels - Vivendi SA's Universal Music Group, Sony BMG Music Entertainment, Warner Music Group Corp. and EMI Group PLC - are hoping slotMusic can be another physical revenue source - and one that is more versatile than CDs, given the kinds of gadgets people carry around these days.
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