"The horrible month of August"
"Album Sales Down 18% in August, 10% in July
Since February, weekly sales of tracks has dropped from the 25 million-per-week range to 21-22 million in July and 20-21 million in August... It must be noted, however, that the cause of the drop in track sales - variable pricing and $1.29 at iTunes for most hit songs - has resulted in an increase in wholesale revenue to labels."
Lefsetz Letter
"In the name of short term profits, the majors are decimating their business. In other words, they raised the prices and people either stopped buying or stole. This is a business plan?"
Since February, weekly sales of tracks has dropped from the 25 million-per-week range to 21-22 million in July and 20-21 million in August... It must be noted, however, that the cause of the drop in track sales - variable pricing and $1.29 at iTunes for most hit songs - has resulted in an increase in wholesale revenue to labels."
Lefsetz Letter
"In the name of short term profits, the majors are decimating their business. In other words, they raised the prices and people either stopped buying or stole. This is a business plan?"