Technology US CD sales plummet as people turn to digital music downloads

[The Helper]

US sales of music compact discs plummeted 20 percent in the first three months of the year as downloading of songs continued to knock the underpinnings from record studio revenues.
Eighty-nine million CDs were sold from the start of the year through March 18 as compared with 112 million CDs sold during the same period in 2006, according to figures released Wednesday by industry tracker Nielsen SoundScan.

Purchases of digitized albums online failed to make up the difference -- instead they dropped from 119 million during that time period in 2006 to 99 million during the first three months of this year, SoundScan reported.

Meanwhile, sales of individual songs in digital format on the Internet rose from 242 million tracks during those months last year to 288 million this year, according to SoundScan.

US CD sales plummet as people turn to digital music downloads

www.smh.com.au

 

[BlargIAmDead]

Ah, the hand of the free market is giving another sound spanking to the music "industry". Do you suppose this will start a real change in music, or just the medium it works in?

 

[w/e]

I'm thinking concert tickets are gonna rocket their price up.
And then no more music industry.

Perhaps execution if you're caught with a song?

 

[Tonks]

What is this "CD" this article refers to? Is it food?

 

[quraji]

Meh, I love my CD player. Polycarbonate disks 4 life! Guess that means I'm old school

 

[BlargIAmDead]

Hardcore oldschool. Like shoving a sharp rock into a stick and using it to butter your toast.

 

[quraji]

Hah, I must've fished my cassette player out of the primordial ooze