Christmas CD Sales are down 20% compared to last year
Ars Technica are reporting that CD sales this Christmas, that is the period between Thanksgiving to Christmas Eve, are down 20% compared to last year which means that 21.4 million CDs have been sold less than the previous year. This looks serious but is it ? We have to take a look at overall earnings to make a fair judgment.
It is not a secret that online sales are on the rise and are highly profitable and that especially the games sector is seeing a huge rise in sales. I unfortunately do not have numbers for the games and movies sector and online music sales but I suspect if you take everything into account it will even out more or less.
The RIAA will surely whine about pirates once again and fail to see the obvious. I can only speak to myself but I did probably buy three or four albums in the last six years. My main reason is that there are not many releases that please my ear. The charts are dominated by one hit wonders and bands that reunite again to make just another album.
I prefer to listen to Internet radio when I work on my computer and would seriously pay a small amount of money for it. I do not purchase music at iTunes or similar stores because I do not like their pricing structure that much. It is to expensive in my opinion.
I prefer to download music from free sites like Jamendo and reward the artists directly. You will be surprised at the quality of some of the releases at Jamendo.
I did buy more DVDs and Games in that time though. I'd say I roughly bought 50 DVDs in the last two years and maybe 30 games. That's where my money is going theses days and I suspect that many users are doing the same.
Did you buy music the last years ? Can you think of other reasons why the sales did drop that much ?Advertisement