Business
The disruptive force of the Internet has finally hit home. A quick look at some trends in this context:
* Newspaper revenues are seriously down (25% in some cases); and magazines and other print media are severely challenged, as well
* Digital music revenues are still going up, overall, but very very very far from enough to stop the free-fall of the recorded music industry, in general (approx 20%, globally, would be my estimate for 2008) *pennies for $$, see below
* DVD sales are declining, worldwide, prices are falling, too - and this will only accelerate next year
* Online video views and audiences are up a lot - but so far pretty much everybody has trouble making any real money with online video
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