Feeds

Unsinkable music CD finally sinking

Plastic sales plummet: HMV shares down 75% in one year

Internet Security Threat Report 2014

After a remarkably resilient lifetime, in which its death was announced prematurely several times, the music CD finally looks to be on its way out. Figures released by the BPI this week show a 12.4 per cent decline in CD albums sales. In 2009, CD sales fell just 6.9 per cent – remarkable considering the disappearance of Zavvi and Woolies – in a recorded music market that edged up 1 per cent. US unit sales of CDs have been falling since 1999.

As has been the trend, digital sales grew, but not enough to make up for physical sales. The Official Charts Company data shows digital albums grew 30.6 per cent year on year to 21m, but CDs declined to £98.5m, a combined drop of 7 per cent.

Singles sales have boomed since the unbundling of the album – reflecting the ease of an impulse purchase when you're by a computer. The singles market is now worth £161.8m, almost 6 per cent up year on year, almost all of which are digital downloads.

The picture for album sales is likely to get worse. HMV is closing 60 stores with the chain's shares trading at a quarter of their value a year ago. HMV hardly helped matters by pricing goods cheaper on its online store – effectively taxing people who bothered to go to its stores. Other factors include the absence of a SuBo this year – and the fact that December saw two paralysing bouts of cold weather – when most sales of books, CDs and DVDs are made.

The BPI published research in December suggesting that four illegal downloads take place for every legitimate song purchase. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
Bada-Bing! Mozilla flips Firefox to YAHOO! for search
Microsoft system will be the default for browser in US until 2020
Google bags OBSCENELY LARGE Times Square ad space for New Year's
Choc Factory pays millions for whacking new digital screen
'Cleantech' a dirty word for VCs? RUBBISH!
They just think the current schemes are terrible
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.