DRM Trips Music Industry

DRM is having a negative effect on music sales, Engagdet reports. They say that while iTunes for a short while offered an opportunity for growth, people have reacted to their DRM control by not reverting back to CDs but by not bothering to buy music at all. They say:

It’s no secret that folks looking to pick up some new tunes would like to avoid DRM at all costs, but instead of seeing CD sales skyrocket, there’s simply been a general decrease across the board in the whole “music buying scene.” While digital downloads initially looked to fill the void, that theory seems to have been short lived; since January, the monthly revenue going into Apple’s iTMS has fallen by “65-percent,” with the average transaction size falling “17-percent”… nterestingly, analysts are theorizing that the DRM-era may actually be winding down in favor of “blanket licensing,”

iTunes sales “collapsing,” blanket licensing to succeed? - Engadget