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Labels look to formats of the future: faced with a tough market, continuing piracy problems and growing price pressures, labels are examining various ways to add value to their releases, as a new range of physical formats vie for consumer acceptance. (future formats).

Music Week

| January 11, 2003 | Jones, Joanna | COPYRIGHT 2003 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Embattled by a 32% drop in unit sales of singles since 1997 and with piracy continuing to stalk its physical and online product, the importance of the music industry devising physical formats with continuing relevance and appeal to the consumer market is growing.

The scramble by majors and independents to add value to physical product in 2002 has yielded some key pointers to the conundrum of how to drive sales. But a question-mark remains over whether standard CD can extend its reign as consumers' format of choice beyond its 20th birthday. The future sound carrier of the industry appears to lie in many and varied paths.

With retail prices for albums ...

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