7/03/2008

Album Sales Continue to Drop

Surprise, surprise: according to Billboard, at 2008’s halfway mark, album sales are down 11% from last year. Even though digital sales have increased by 34% and represent 15% of the market, CDs still rule the roost. Which is why the 16% decline in CD sales accounts for an overall 11% drop. Meanwhile there’s been an almost 50% increase in vinyl sales. Go figure.

The good news: album sales were down 15% last year at this same time so it’s 4 % better. Whoopeee! Um, yeah.