Billboard.com reports that PwC (Price Waterhouse Coopers) is projecting 1% growth for the U.S. music market over the next four years. The firm’s report looks at the concert business, digital music (recorded and publishing), and “physical” music (CD, vinyl, etc.). the report posits that the CD format will see a “terminal decline” and will never see sales increase again.
Read the full details at Billboard.com.
(Link courtesy of NAMM Daily News)