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Sony BMG's Hesse: 'it's a revolution, not an evolution'.(Sony BMG Music Entertainment's Thomas Hesse)(Interview)
- Article from:
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The Online Reporter
- Article date:
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March 17, 2007
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Copyright informationCOPYRIGHT 2007 Rider Research, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Calls for Variable Pricing, New Technologies for Discovering Music, Better Sound Quality
-- Mobile Market Is the Opportunity
What's going on in the music industry these days is a revolution, not an evolution. This is according to Thomas Hesse, president of the global digital business and US sales at Sony BMG Music Entertainment, during an onstage interview at Digital Music Forum East in New York.
It's a much more fundamental change, he said, than going from tape cassettes to CDs; there are many more products now and many more income streams.
Still and all, Hesse expects a continuing net decline in combined physical and digital music sales. In the first few ...