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In the Press
18-Jun-2008
Rock stars – not record labels – cashing in on the digital revolution
- IBISWorld reports on the local industry on the eve of World Music Day -

While many recording artists are embracing the digital revolution sweeping the music industry; their record labels are looking at tough times ahead with poor profits and no sure strategy to counter the rising popularity of downloads and ringtones over the humble CD.

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History of IBISWorld

IBISWorld has its origin in the formation of IBIS Research Services in 1971, which operated as a successful market research organization. IBISWorld later specialised in the long range forecasting of industries and the business environment at large, with an emphasis on providing information for strategic planning and research purposes.

For the last 12 years, IBISWorld has produced many award winning searchable databases using the latest technology at each stage. The latest version of the IBISWorld web site went on-line in August 2006. The site incorporates all of IBISWorld's accumulated experience to deliver value-added information solutions to Australian and international businesses via an easy to use and comprehensive search medium.

IBISWorld extensively covers every industry, the major enterprises in those industries and the business conditions they face for selected economies, providing you with valuable strategic and tactical business environment information. IBISWorld is not just economic data; it is: Value Added Business Environment Information. We use reliable source material as well as professional insights, within a consistent structure, to provide your business with the power of information.