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Topic History of: WMGs 4th quarter figures....Digital revenue grows 96% to $104 million or 12% of total revenue Max. showing the last 5 posts - (Last post first)
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MisterSmart
DJones wrote: So is the digital boom already over?
the digital boom is only just getting going, DJones. It took just over 14 years for people to fully embrace the idea of using email to communicate.
The ecommerce boom predictions in the late 90s caught a few analysts on the hop and many lost their shirts from the dotcomedown that followed. Ironically their predictions were correct. They were just a few years out.
I think things are only just getting going and I maybe wrong, but, my guess is that WMG digitral revenue is probably old catalogue and individual tracks.
They point out in their quarterly's that they didn't have as many relases out as last year, which suggests that it might be simply people topping up their mp3 players with old favourites.
DJones
The most interesting figure hidden in the report is the change in digital revenue in the 3. Quarter 06 compared to the 2. Quarter 06: ONLY PLUS 13 PER CENT!