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Friday, November 14, 2008

Universal Music Group: We’re Still Selling Tunes, Amazingly

Universal Music Group, the world’s biggest music company, insists the music business isn’t dying. Yesterday, it released numbers to help bolster its case. What happened? CD sales are still declining, of course. But UMG said the rise of digital music–that means you, Apple–is finally beginning to balance out some of the decline.

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About Peter

Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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