backtop


Print

Retail sales of CDs were down in 2005, but music downloads doubled

Although U.S. album sales were down about 7% (according to AP), the exploding market for music downloads helped heal some of the damage.  Album sales from January through last week stood at 602 million, which is down from 651 million for the same time period last year.  Downloaded songs soared from 134 million to 333 million, an amazing increase of 148%.  Although the Record Industry Association of America (RIAA) will gain from people using services such as iTunes to download music files, music retailers may be in dire trouble in the next several years.




“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls




Latest Blog Posts
Amazon Fire HD 8
Nenfort Golit - Jun 19, 2017, 6:00 AM






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki