Friday July 6, 2007 4:32 pm
Digital Music Sales Continue to Outpace Albums
It’s a frightening thought, but we’re wondering if there’s going to be a day when CDs will just fade away, like it’s predecessors the cassette, album, 45, 78 and 8-track. Judging by the latest Nielsen SoundScan figures this seems to be the case, as sales of digital music are up—almost 50% higher—than this time last year. Not surprisingly, CDs are decreasing in sales, down 15% over the same period (Jan 1- July 1). The main reason seems to be that the people are buying only the hit songs they like online, as opposed to the whole album, which makes complete sense to us. Unfortunately, this also means fans will miss out on some truly terrific music, because if you only buy Amy Winehouse’s hit “Rehab”, you may never experience just how amazing the rest of her “Back to Black” truly is.
Read More | New York Times