backtop


Print E-mail del.icio.us

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.


Comments     Threshold


This article is over a month old, voting and posting comments is disabled

"DailyTech is the best kept secret on the Internet." -- Larry Barber










botimage
Copyright 2008 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki