Ah yes, you heard it right!
But, not from me. From EMI’s CEO, Eric Nicoli, in an interview with Reuters. The article can be found >> here < <.
Extracts of the interview is as follows:
- Nicoli said digital revenues are now expected to offset flagging CD sales within a few years.
- “The day is surely within our sights when digital growth outstrips physical decline and we can all compete for share of a growing pie.”
- “The pessimists will say that’s a problem, but our research suggest that the net effect of unbundling is a positive,”
At the end of the day, the media companies are just waiting for the upswing growth of downloads to make it possible for unbundling.
>> Revenue! Revenue! Revenue! < <