Album Sales Fall, Of Course

from the who-didn't-expect-that dept

This will come as no surprise to anyone, of course, but the only significant area of the music business that is struggling is, once again, CD sales. Bloomberg has noted that album sales in the US declined 14% in 2008. Of course, digital sales continued to grow, and, as recently noted, the concert business is booming. Oddly enough, sales of vinyl records continue to rise -- a trend we noted last summer. To be honest, the fact that album sales only dropped by 14% seems rather surprising. If I were in the business of selling mostly obsolete plastic discs, I'd be thrilled they only dropped that much.
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Filed Under: album sales, recording industry


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  1. identicon
    tubes, 5 Jan 2009 @ 1:20pm

    Re: Meh

    OK with vinyl I'll agree with having a superior sound but after that you're completely wrong about everything else you have stated.
    Anything that is in a digital format sounds bad & you being a so called audiophile should hear it. It doesn't matter if your listening to a CD, a MP3 player or your outdated mini-disc player they all sound like shit. But as long as you convert your CDs in a high bitrate you should not notice a difference between a CD & an mp3.
    Now with Blu-ray becoming more popular they will start making compression free audio discs which will sound as good as an album. I might start buying physical discs again.

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