|Kiruba Shankar: Business of free music|
|Kiruba Shankar / Chennai March 20, 2008|
In 1998, major music companies worldwide earned a whopping Rs 1,52,000 crore ($38 billion) in revenues from sales of music.
Ten years later, in 2008, that revenue will halve to Rs 68,000 crores ($17 billion). The reason? Well, it's the free exchange of music over the internet
First Published: Thu, March 20 2008. 15:57 IST