英语论文网

sse analyst also noted that the music industry’s operating margins were expected to rise as digital sales became more significant and related production and distribution costs declined.8 Lehman Brothers was more conservative and assumed a flat market for the next few years, commenting that the continued weakness into early 2007 implied the “market could remain tough for the next couple of years.”9
There was fear among many in the industry that consumers’ abilities to “unbundle” their music purchases—the ability to purchase two or three favorite songs from an album online versus purchasing the entire album at a physical retail store—would put negative pressure on music sales for the foreseeable future. A Bear Stearns research report noted:
While music consumption, in terms of listening time, is increasing as the iPod and other portable devices have become mass-market products, the industry has still not found a way of monetizing this consumption. Instead, growing piracy and the unbundling of the album, combined with the growing power of big retailers in the physical and iTunes in the digital worlds, have left the industry in a funk. There is no immediate solution that we are aware of on the horizon and in our view, visibility on sales remains poor.

本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。