I am feeling prophetic today. Let me make a prediction about the direction of the music industry and music downloading. The price to download a single track will triple from $1 to $3 within two years, but the price to download an entire album will remain at ~$13. Why? Too many people are downloading singles rather than entire albums, and there is not enough revenue coming in for the record companies and recording artists. Having a higher price for singles will not only create more revenue than today, but it will also provide a good incentive to spend a few more dollars and purchase the entire album. Watch and see!
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