"Hear All About It!

"From vinyl to CD, from CD to MP3, music listeners are once again changing the way they buy, store, share and listen to music. Few industries have had to adapt so quickly and so frequently to technological change as the music industry has over the past 20 years, but the latest change is perhaps the biggest transformation yet.
"Widespread broadband adoption combined with the digitization of music and the emergence of portable digital music players is fundamentally changing the music industry," said Ben Macklin, Senior Analyst at eMarketer and author of eMarketer's new report, Online Music: Downloads, Streaming, Radio, Mobile. "While the Kazaas and the Groksters and eDonkeys of the world will continue to be the underground nemeses of copyright holders, legitimate online music services such as iTunes, Napster, Rhapsody and others are competing with P2P networks, and an increasing percentage of all music sales are being conducted online."
Published: July 14, 2005