How much would you pay for a digital album?
When you hear about the music industry these days, there are often figures claiming that digital music downloads--led by new initiatives from the likes of Amazon, Nokia, MySpace, and, of course, Apple--are up year-over-year by more than 25 percent, and now account for about 20 percent of overall music sales. But let's get the numbers straight. Despite some bright spots, the vast majority of digital downloads are unauthorized and cost nothing. In fact, a recent report by IFPI, a body that promotes and "safeguards" digital music, says that in 2008 a whopping 95 percent of all music … Read more