Sony Music Sales Drop 14.5% In Last Quarter

DigitalMusicNews.com is reporting that Sony Music’s sales experienced a huge 14.5% decrease during its last quarter, while revenue slipped to $1.72 billion for the three month period (which ended on December 31st). With illegal downloading still reigning supreme, this...

Traditional A&R: A Dying Process?

It used to be that the A&R position was one of the key roles within the music industry and to the success of a band. But as the music business has taken more hits and loses thanks to the rise of illegal downloading, the “traditional A&R” process has come,...

Best Buy Reducing CD, DVD Sections

CD sales have been taking a hit for years, but they’re about to get even worse. In a recent conference call with analysts, Best Buy Chief Executive Brian Dunn told analysts they’d be significantly reducing the amount of space for CDs before the end of the...