A river of nickels
WMG is on the verge of cracking the media world's most pressing business riddle: how to successfully replace analog dollars with what Goldman Sachs analyst Ingrid Chung calls a "river of nickels."
WMG is on the verge of cracking the media world's most pressing business riddle: how to successfully replace analog dollars with what Goldman Sachs analyst Ingrid Chung calls a "river of nickels."
"The music business historically has been built around albums," explained Silverman. "This album-centrism is like saying the sun revolves around the Earth. We don't listen to albums now; we listen to collections of songs."
Also check out the chart showing the value of all music sales since 1961.
