Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and iTunes gain momentum, technology research firm Gartner said on Tuesday.
But sales of CDs, hurt by piracy as well as paid-for online distribution, will continue to decline faster than can be made up for by digital sales, as the music industry struggles to adapt to consumers’ changing behavior, Gartner predicted.
By 2015, Gartner forecasts online music spending will rise to $7.7 billion from $5.9 billion in 2010. In the same period, consumer spending on CDs and other physical music forms is seen falling to about $10 billion from $15 billion.
» via Yahoo! News
Emergent Futures Tumblelog
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Will Banks Take Over Daily Deals Business by Selling Customer Data?
The banking industry has launched a new initiative that will bring deals and discounts to consumers through the banks themselves. Banks have begun selling consumers’ personalized information to merchants who in turn offer deals based on spending habits or other criteria.
Full Story: ReadWriteWeb
Surging China costs turn some U.S. makers homeward
A variety of factors are driving the shift, including rising wages in parts of Asia, surging fuel prices and the complexity of transporting goods across the Pacific.
Full Story: Reuters
China's Rising Wages Propel U.S. Prices
Reblogged from climateadaptation|20 notes |# Comments
-by one of my journo colleagues, Shai Oster from the WSJ.
Reblogged from futuristgerd|46 notes |# Comments
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Facebook already sells its credits as gift cards in retail stores. As the popularity of Zynga, Facebook and digital gift card currencies grow, they may well become major payment modes in both the virtual and physical worlds.
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Reblogged from theeconomist|253 notes |# Comments
Tomorrow’s cover today: irrational exuberance has returned to the internet world. Investors should beware.
Reblogged from futuramb|40 notes |# Comments
This is the growth curve of the crowd financing platform Kickstarter I have been writing sbout before. The service is now 2 years old and seems to be growing exponentially. Read more on their own blog post: The Kickstarter Blog - Happy Birthday Kickstarter!
This just an example of different crowd sourcing models out there which thrives today. When we as individuals don’t trust systems and institutions and they don’t trust us it is a dilemma. But when technologies emerge that can help us bypassing these institutions we seems to take the chance. Especially since we perceive these services as more transparent, less profit hungry and honest than what most of the traditional institutions, grown up in a different world, can ever be.
Report: Reducing Emissions Growth in Emerging Economies Could Be Cheap
How much would it cost to stop increasing greenhouse gas emissions in Mexico? According to a new study from the World Bank, not very much.
The bank estimates that Mexico could flatline its emissions growth, using a variety of measures, for about $64 billion over the next 20 years — or $3 billion annually.
That amounts to just 0.4 percent of the country’s gross domestic product each year
Reblogged from infoneer-pulse|42 notes |# Comments