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Re: [ARSCLIST] Trends in music sales
Hello Tom
On 27/02/08, Tom Fine wrote:
> I think Forrester is being cautious (they were known for wildly
> optimistic predictions during the dot-bomb bubble so they probably are
> speaking with many qualifying clauses these days). My bet is,
> back-catalog CD's will sell out of current inventory and then be
> delisted in almost all cases. Quick hits will still have an initial CD
> release for a while.
>
But note that downloads have not yet even equalled CD sales, and this is
not predicted to happen for another four years.
Also, I think the figure quoted should be disc sales (ie CD + DVD ), not
CD alone. Sales of music DVDs have partly replaced sales of audio-only
discs.
>
>> http://www.marketingcharts.com/radio/forrester-end-of-music-industry-as-we-know-it-3568/
>>
>> The article above discusses the increase in sales of downloads and
>> a decrease in CD sales. It
>> mentions a "Forrester" research report which suggests that by 2012,
>> downloads will surpass CD
>> sales.
>>
>> A related item, heard on the news this morning, iTunes is now the
>> second largest music retailer,
>> with Wal Mart being number one.
>>
>> Karl
>>
Regards
--
Don Cox
doncox@xxxxxxxxxxxxxx