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Sunday, August 2, 2009

The Music Business: The NYT Does the Numbers

ArtsJournal: Daily Arts News
What's Wrong With The New Music Biz Model?

"A study last year conducted by members of PRS for Music, a nonprofit royalty collection agency, found that of the 13 million songs for sale online last year, 10 million never got a single buyer and 80 percent of all revenue came from about 52,000 songs. That's less than one percent of the songs." The New York Times

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