antiMUSIC - Music Sales Down

Music Sales Down

10/17/06
. (TuneLab) A new report says recorded music sales in the U.S. fell 6.1 percent in the first half of 2006, led by a 14 percent drop in CD sales. The retail value of music sales also fell to $4.9 billion in the first six months of 2006, according to the Los Angeles Times. Declines in the demand for CDs and other traditional formats still outweighed the large 86.6 percent jump in digital music sales. Digital music sales more than doubled worldwide in the first half of the year to $945 million, and digital sales now account for 11 percent of the total recorded music market. [see full story for more. you can bet an RIAA press release blames it on piracy and not the lack of quality releases] - Click here for the Full Story

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