Word: cd
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Dates: during 2000-2009
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Reducing and capping CD prices—which the Universal Music Group decided to do last week, cutting wholesale prices by up to 30 percent—would be a more effective way to win back the support and cash of music lovers. The RIAA could also take a hint from Apple’s hugely successful iMusic, which sells individual song files over the Internet directly to consumers, as many other legal downloading programs don’t currently offer a selection of music as vast as systems like Kazaa. There is a huge potential for growth in this...
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Companies from Amazon to Microsoft are mulling plans to enter the business. The reason: Jupiter Research estimates that revenue from online music will zoom from $80 million this year to $1.5 billion in 2008. That's just a sliver of today's $12 billion CD market, but it's a real business...
...rings, and is being hailed as opera's P. Diddy (although what this means is anyone's guess - will he date Jennifer Lopez and fire weapons in crowded opera halls?). Warner Music is trumpeting his 34.3 million, five-album contract - one of which will be an opera-style CD of pop songs. Opera meets rap - well, at least he's got the niche to himself. Commercial potential: $$$$ Artistry: Too soon to tell...
...paid a visit to singer Rambo Amadeus, whose musical style she describes as "acid-horror-funk." Amadeus balked at being included in the book - he just didn't give interviews. But a Norwegian folk song he heard her singing caught his ear. "Sing your fisherman song for my CD and I'll be in your book," he bargained. Seierstad sang for her interviews and forgot about the brief recording session until the song - featuring her heavily remixed warbling - rocketed up the Serbian charts. The fearless, seize-any-opportunity attitude that launched her short-lived pop career has made Seierstad...