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.
"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins
|
DailyTech Poll
Which web browser do you use on your primary personal machine?
44 Comments
Most Popular ArticlesEasy Fix to Prevent Microsoft From Bricking Xbox 360s HDDs Arrives
November 18, 2009, 6:41 AM
Built Around the Browser, Google's Chrome OS Launches, Reinvents the Operating System
November 19, 2009, 2:40 PM
OCZ Technology Announces 3.5" 1TB Colossus SSDs
November 17, 2009, 6:48 PM
Climategate: Stunning Deception and Misconduct at UK Warming Research Center Revealed
November 20, 2009, 4:00 PM
GM Sheds Light on Volt's Greatest Problems, How it Hopes to Overcome Them
November 18, 2009, 12:19 PM
|