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CD Sales are UP!

After four years in the US, sales of CDs have rebounded according to Nielsen Soundscan. This defies the prediction of big label execs but is right on according to all of us that follow this music battle regularly.

Overall music sales were up 1.6% over 2003. CD sales, which make 98% of all new music sold, saw a big 2.6% increase.

The new flurry of digital music stores has offered next to nothing to this bottom line. Only 0.033% or 1 in 3000 albums were sold through a digital music store on the internet. This is however a relatively new market and when we hear that 140.9 million tracks were sold through digital music stores like AppleÕs iTunes or Napster it is very exciting to see the monumental growth experience in the last few years. A few more interesting statistics are that there were 666.7 million physical CDs sold and Universal and Sony BMG accounted for almost 60% of internet downloads between them.

So the big question now: is there a correlation between the new digital music services and a start of a trend of buying CDs? Well in the UK there is evidence thatÕs 92% of people who bought music from an online store actually preferred the hard physical medium of a CD.

For the full story:
The Register - Nappletizer users - getting physical?