Downloadable Music Store Interest May Be Fading

from the uh-oh... dept

This doesn’t come as a huge surprise, but a new report suggests that interest in buying downloadable music online from places like iTunes seems to be fading. The main reason? All of those thousands of promotions seem to have ended. Apparently, those “buy a Big Mac and get a free download” and “buy a Pepsi and get a free download” type promotions are starting to close up shop. While there was a lot of hype about these music download stores, everyone involved still seems to simply have their head in the sand about what’s really going on, and what the real competition is. If they ever do take a step back and see the market for what it is, we should expect to see some serious price drops, along with additional benefits and features for buyers, along with a real effort to use the music as a constant promotion for selling other, more profitable, things. In the meantime, though, most of these companies will stick with the fiction that a buck a song is the right price.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Downloadable Music Store Interest May Be Fading”

Subscribe: RSS Leave a comment
Jeff Self says:

I've lost interest for several reasons

I’ve spent around $200 on iTunes Music Store. But I’ve pretty much stopped downloading music from here for several reasons.

First, I don’t like DRM. Period.
Second. I don’t like encoded music. 128 bit AAC just doesn’t cut it for me. I want lossless music to download. And because 128 bit AAC is selling for $.99 a download, what will they charge for lossless format if they implement it? They either need to lower the price of AAC format downloads or they’ll have to charge more for lossless music than what you could buy the CD for. Doesn’t make sense. But hey, we’re talking about the RIAA.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...