Is the music business duying?

Sales of the CDs, tapes and records have declined for the past ten years as a result of the music sites, like Apple’s Itunes. Although not many people are buying CDs, the music business still makes a lot of profit. The most money is earned by giving concerts due to the raise of the ticket prices. Also T-shirts, baseball caps of the artists and other forms of merchandising are a way to make profit.

Eline Janssens (The Economist)