online music sales will cease to exist "CD?

future study music CD sales in South Korea reveals internet time ceases to exist 2016 eu move

A study by the International Federation of the Phonographic Industry revealed that, worldwide, in 2016, sales of music via Internet, could displace all existing physical media digital music.


The growth of this industry has grown steadily over the years, for example, in 2004 the sale of this type of content represented 2% vs. physical formats, however, by 2008 this amount grew 10 multiplied times, reaching 20%. Was increased exponentially since 2005, reaching 5%.


In this way, and using basic math, if growth continues this pace, by 2016 the record companies should seriously think that will give use vinyl records and CD's, since by that time become obsolete.


In some countries the numbers are very different: for example, in the U.S. and South Korea will not have to wait so long for this to happen, and it is likely that in a short time, 50% of music purchases in those places, either through the network.


According to experts, this phenomenon could happen next in various countries, which surely is getting to shake more than one company.


Modernity and progress so fast in technology we are achieving, and in many cases, breaking sharply. It's more than good to get some benefit from technological advances, but also other things are missing.

Source: http://www.sputnik.com.mx//index.php?option=com_content&task=view&id=4741&Itemid=1