Music industry migrates to digital

12/6/2006 | Hollywood Reporter, The

Top executives from Warner Music Group and Vivendi's Universal Music Group are upbeat about the future of the recording industry. Speaking at the Credit Suisse Media and Telecom Week conference, Vivendi CFO Jacques Espinasse said the music business is embracing the digital sales model, adding, "The long-term trend is rather encouraging for the entire industry."

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