Digital music sales on the rise

Over in the US, the purchase of digital music over CDs is rising. The NPD Group released some statistics suggesting that digital sales now make up 25% of the overall sale of music, and that figure is only growing.

From the press release:

“Many people are surprised that the CD is still the dominant music delivery format, given the attention to digital music and the shrinking retail footprint for physical products,” said Russ Crupnick, vice president of entertainment industry analysis “But with digital music sales growing at 15 to 20 percent, and CDs falling by an equal proportion, digital music sales will nearly equal CD sales by the end of 2010.”

That seems really quick, but perhaps in the US the digital market is picking up quicker than over here.

One thought on “Digital music sales on the rise

  1. I’m not surprised that that the sale of digital is on the rise, here in Canada CD sales are down almost 15% and I think the big name shops are partly to blame. I remember a time when I would go every payday to my favorite CD shop and buy at least 3-4 CD’s but then the smaller stores started to get bought out or forced to close out by the big boys, now we are stuck with stores like Best Buy or Future Shop whose prices are quite high and they have a really poor selection. When I used to go to these places looking for a CD from any number of bands or types of music that I listen to these stores usually only carry 5-6 copies of one CD. So because of that I now buy most if not all of my music from iTunes (I can’t when I last bought a CD at an actual store) and for almost $10 Canadian and an amazing selection I can’t see myself buying CD again, unless a band I listen to is boycotting iTunes.

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