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# A Mid-Year Look Back At Hypebot’s Music Industry Predictions For 2007
- URL: https://www.hypebot.com/a_midyear_look_/
- Published: 2007-06-09T02:17:00.000Z
- Updated: 2007-06-09T02:17:00.000Z
- Description: So far in 2007 our predictions haven’t been that far off…and we’ve still got 6 months left… >>> This will be the year that the mp3 format will gain much. Continue reading [https://www.hypebot.com/hypebot/2007/06/a_midyear_look_.html]
- Author: Bruce Houghton
- Tags: Indie Music, Major Labels, Music Marketing, #wp, #wp-post, #Import 2026-01-21 11:06

**So far in 2007 our predictions haven’t been *that* far off…and we’ve still got 6 months left…**

\>>> This will be the year that the **mp3 format will gain much greater acceptance** from record labels.

[![Amazon_14](https://hypebot.typepad.com/hypebot/images/amazon_14.jpg "Amazon_14")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/amazon%5F14.jpg&ref=hypebot.com)

Consumer dissatisfaction is growing daily, but the real action will begin in March when the **new Amazon download store** launches and gain momentum throughout the year.

\>>> The mp3 momentum will hurt iTunes but not effect **iPod sales** which will **remain very strong through**

[![Napster_9](https://hypebot.typepad.com/hypebot/images/napster_9.jpg "Napster_9")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/napster%5F9.jpg&ref=hypebot.com)

2007.

\>>> **Napster** will finally run out of money and be **sold** at a bargain basement price.

\>>> It will be a **good time to own an indie record label** as majors labels, investment firms, and even some tech companies go shopping.  

[![Wmg_45](https://hypebot.typepad.com/hypebot/images/wmg_45.jpg "Wmg_45")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/wmg%5F45.jpg&ref=hypebot.com)

  
 \>>> The **other major labels** will follow WMG’s lead and start trying to **sound and act like tech start-ups.**

\>>> **Touring** will continue to **gain in importance** both for income and promotion.

\>>> Tight profit margins force **consolidation within the download distribution sector.**  

\>>> **More artists** at all levels and in all genres will **go D.I.Y.** and direct to the fans and the cottage industry to facilitate this transition will boom.

**Take a look at some music industry predictions for 2007 from other pundits [here](http://hypebot.typepad.com/hypebot/2007/01/more%5F2007%5Fmusic.html?ref=hypebot.com).**