
"The introduction of MusicPass is an important part of Sony BMG's ongoing campaign to bring its artists' music to fans in new and innovative ways, and to develop compelling new business models," said Thomas Hesse, Sony BMG president.
This type of move is no doubt in direct relation to the recent reports showing that physical media music sales have plummeted while digital music sales have risen. Companies like Apple have been urging music labels to drop the DRM practices for quite some time in efforts to boost digital sales. With other record labels dropping DRM from their library earlier, it seems obvious that this has had an impact on the market.
Source:
Reuters