
19:33 22nd March 2010
Despite digital formats dominating the music market, there is "still scope" for CDs and DVDs, according to Andrew Shaw, managing director of broadcast and online at copyright and royalty collection society PRS for Music.
Mr Shaw said that while demand for physical music is deteriorating, there will be a market for it for many years. "Just look at the Susan Boyle album, which has done phenomenally well in this format," he said.
His comments came as a new survey published by apps store GetJar found that the value of mobile applications will be greater than the one of CDs sold by 2012.
In other news, a group of key figures behind the development of MP3 have launched MusicDNA, a new music file format that will offer videos, lyrics, artworks to blogs, as well as songs.
"We can deliver a file that is extremely searchable and can carry up to 32GB of extra information in the file itself," said Dagfinn Bach, who worked on the first MP3 player in 1993.
Written by Hannah James
MCSA courses& Web Design Courses - helping you to find a new career. Choose from IT courses in Microsoft Networking, Programming, Desktop Support, Database Administration and Web Design.
