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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CD Collection
"...he doesn’t buy CDs anymore because it’s too challenging to get the songs on his iPod."
Ya know, iTunes will rip the CD for you... or you can rip the media yourself and then just add it to iTunes.
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