BACK TO THE FUTURE: Gizmodo’s Paleofuture blog offers up a wonderful retrospective of Consumer Electronics Shows past, reminding us that 20 years from now, photos from the 2014 CES will look as “ridiculous” as this picture from the 1994 CES, in which we see a Motorola executive holding up a 3.9-ounce flip phone — and the cheeseburger that weighed a few ounces more. I have seen the future, and it’s delicious.
This is where NBC News diverges from NBC Entertainment.
Atlantic, a unit of Warner Music Group, says it has reached a milestone that no other major record label has hit: more than half of its music sales in the United States are now from digital products, like downloads on iTunes and ring tones for cellphones.
…At the Warner Music Group, Atlantic’s parent company, digital represented 27 percent of its American recorded-music revenue during the fourth quarter. (Warner does not break out financial data for its labels, but Atlantic said that digital sales accounted for about 51 percent of its revenue.)
With the milestone comes a sobering reality already familiar to newspapers and television producers. While digital delivery is becoming a bigger slice of the pie, the overall pie is shrinking fast. Analysts at Forrester Research estimate that music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. That compares with $14.6 billion in 1999, according to the Recording Industry Association of America.
Atlantic Records Says Digital Sales Surpass CD’s (via the NY Times)