The proliferation of the MP3 music download market is clear, as one of the largest record labels in the world has decided to make their music available online without restrictions. EMI Group, the world’s third largest record label, announced in April that they would make their entire collection of downloadable music available for consumers without copy restrictions this month. This is big news for consumers that prefer MP3 music downloads to CDs.
The record label has decided to make online music downloads accessible for any music download service starting in May. “It was clear what we had to do because we hold the consumer at the center of our focus,” said Eric Nicoli, EMI’s chief executive officer. “We take the view that we have to trust our customers.”
Some consumers have long been frustrated by the limits that are imposed on how many times they can copy an MP3 music download. There is no limit on how many times someone can copy a CD to make mixed tapes or other kinds of play lists, so many people have long felt the same should apply to MP3 music downloads. Now this will be true of EMI’s MP3 songs and albums.
Individual MP3 songs without digital rights management software will cost about 30 percent more, which would make them $1.29 per MP3 song instead of 99 cents. The price for an MP3 album in this new format will be the same as before, though. It’s not certain how this will affect the price of MP3 music download sites that are subscription-based. The new MP3 music download format will also be higher-fidelity than the copy-protected music downloads.
“Today, EMI is taking the next big step forward in the digital music revolution,” said Steve Jobs, the chief executive officer of Apple. “This is something that will become very popular.”
By selling MP3 music downloads without copy restrictions, online consumers will be able to shop at different MP3 music download sites where there are hundreds of thousands of MP3 songs. People with iPods will also not be limited to the iTunes music download store. The music recording companies had resisted making MP3 songs free from restrictions, because they feared that consumers would make numerous copies and fewer people would buy the MP3 album or MP3 songs. Some analysts believe this will lead more people to buy music downloads, though.
Now when consumers purchase an MP3 song or MP3 album online, they will really own the music. People will be free to make mixed CDs as many times as they want and send songs to their friends. This is yet another sign of how the MP3 music download market is changing to suit the needs of consumers.
For more information about Free Song Downloads or even about Music Sweepstakes and especially about Win Music please review one of these links.
Got a Question? Ask.
Ask the community a question about this article:
Q&A Powered by:
Latest Business Articles
15 Ways to Improve Your Closing Ratios and Sales Presentations
By: Katrina Sawa | 26/07/2008
It is not enough to do launching effective marketing campaigns to obtain new customers and to continually market to your existing database for more referrals and repeat business. In addition, you must be able to ask for and close the sale. Otherwise, it is a waste of time and money!
In Searching for Cost Reducitons, Look at Total Cash Flow Costs Rather Than Accounting Costs
By: Donald Mitchell | 26/07/2008
If you are a privately held company, look to reduce overall cash costs when considering alternative cost reductions, rather than the impact of reported earnings.
The More Trust, the More Time to Succeed
By: Andrew Cox | 26/07/2008
Bill Oncken, in his book Managing Management Time, says that the more trust you have with your "universe " of people, the more time you have to do the things that lead to success. Trust is hard to earn. Once lost it's hard to regain. It's the most precious asset in any relationship - at any level - at any time. Read on to see how a successful Division President builds trust.
10 Tips on the Issues With Selling Professionals
By: Drew Stevens | 26/07/2008
The world of professional selling is rich with information related to selling skills, sales training and techniques to assist professionals. However, after much rhetoric and information I am finding something completely different...a problem with selling professionals.
India - the Next Economic Powerhouse
By: Paul Hata | 25/07/2008
India is one of the fastest-growing countries in Asia. In 2006, India recorded a 1.2% of world trade share overall. The stat was picked out from WTO. The growth is mainly due to the liberalization that took place in India way back in 1991. Ever since then, there's no looking back.
Customer Service Toolkit
By: Drew Stevens | 25/07/2008
All businesses make money, yet those that are customer focused are more profitable.
Top 10 Brain Training Future Trends: New Mind/body Focus, Brain Trainers, and More
By: Alvaro Fernandez | 25/07/2008
In an emerging, dynamic, high growth market, like brain training, it is difficult to make precise projections. But, we can observe a number of trends that executives, consumers, public policy makers, and the media should watch closely in the coming years, as brain fitness and training becomes mainstream, new brain trainers appear, and an ecosystem grows around it. Here you have the Top Ten trends I predict.
Commercial Loans and Working Capital Financing Special Reports
By: Steve Bush | 25/07/2008
A prudent approach to working capital management is becoming more difficult for most commercial borrowers. Commercial loans have always been more complicated than realized by most business owners. Recent financing difficulties involving commercial mortgages, SBA loans and business cash advances have added significantly to the complexity of the entire commercial...
More from Groshan Fabiola
Paperless Fax and Internet Sms Solutions
By: Groshan Fabiola | 23/07/2008 | Internet Marketing
As we all know, faxing is a fast way of transferring important documents and papers so that you can run your business conveniently
Gag Gifts as Birthday Presents
By: Groshan Fabiola | 23/07/2008 | Holidays
Birthday is one of the most auspicious days on which the birthday boy or girl gets special importance from everybody around
Dna is Exciting and Magical
By: Groshan Fabiola | 23/07/2008 | Babies
You may have heard a lot about DNA over the years. Recently, it's become a staple of different legal and crime solving shows
Dna Can Unlock the Answers
By: Groshan Fabiola | 23/07/2008 | Acne
DNA works as a blueprint to our genetics, spelling out exactly who and what we are. Our DNA serves as a guide and by following certain connections, we can look at this blueprint and figure out certain things about ourselves
Personal Loan and Types of Personal Loans
By: Groshan Fabiola | 23/07/2008 | Loans
All financial institutes and banks offer personal loans. The basic aim of a personal loan is to provide essential finance to fulfill all the demands of an individual at best terms and conditions
Advantages and Disadvantages of Unsecured Loans
By: Groshan Fabiola | 23/07/2008 | Loans
Unsecured loans are loans that are issues without having any pre-requisites of collateral. An unsecured loan provides financial solution for a short term period
Abacus - the Best Choice in Army Life Insurance
By: Groshan Fabiola | 23/07/2008 | Loans
Abacus have been one of the key providers of military insurance to serving personnel for over 20 years. The team of dedicated professionals have been assisting in all aspects of military insurance from kit insurance to all aspects of army life insurance
All You Need to Know About Army Life Insurance
By: Groshan Fabiola | 23/07/2008 | Loans
Military Life Insurance is one of those key areas that can worry a lot of soldiers. They and their families want to get the best deal, but they are not always aware of what level of army life insurance they should get, and what should happen to their families in a tragic event or death