Browsing all posts in cd sales.
The Do It Yourself Artist
How much has the music industry changed over the last 10 years. Really. CD sales are down, record labels are in upheaval, and no one is buying albums anymore. Has it really been that drastic of a change? Check out these numbers: 105,000 new albums were released in the USA in 2008 (that’s four times [...]
John Mayer at Target
I went to Target this past weekend to purchase John Mayer’s new live cd, “Where the Light Is: John Mayer Live in Los Angeles.” Now I know, it’s a little outdated to go buy a physical cd in a retail store. But this was to be a gift for my father, and he prefers cd’s. [...]
May Album Sales Drastically Down
Physical album sales dropped 17.8% over May ’08. From May ’07 to May ’08, album sales were down 14%. It’s getting worse. Not a big surprise, but these drops continue to be extreme. For all of 2009, physical album sales are down 13.4% compared to 2008. So, why keep writing about this? I think the [...]
CD Sales Gap
CD sales are down 19.3% through May of this year when compared to CD sales last year. What that translates to in money is $270 million dollars. Gone. When other revenue streams are accounted for to pick up some of that slack, there is still $162 million of lost revenue. This really puts the problems [...]
The Future of Music
The empty parking lot says it all. Stay tuned,Erikerikrostad.com
First Quarter Music Sales
The news isn’t good. No one is expecting album sales to all of a sudden skyrocket, but these year over year declines are substantial. Look at this: Album sales in the USA for March ’09 were down 17.9% compared to the same month in ’08. Album sales in the USA for March ’09 were down [...]
’08 Album Sales
The final sales numbers are in for 2008 and if you are in the business of selling albums, you are not a happy camper. Album sales (both physical & digital) were down a whopping 14% for the year ($428.4 Million (’08) vs. $500.5 Million (’07)). Physical albums were down 18.2% while digital albums were up [...]
Warner Music Group
Warner Music Group just released 4th quarter & full year sales results (sept ’07 to sept ’08). Here are the highlights: Digital revenue grew 0.6% to $167 million from 3rd quarter ’08 However, digital revenue grew 28% when compared to 4th quarter ’07 Full year digital revenue grew to $639 million (39% increase) Digital revenue [...]
U.K. Mobile Phone Sales
The following sales number trends are pretty intriguing. Not only are cd sales plummeting, cd players are being replaced by MP3 capable mobile devices at a 5-1 rate. At least that is the rate in the United Kingdom where 32.1 million MP3 devices were sold from Sept ’07 – Sept ’08. A full 75% of [...]
Radiohead Experiment
Radiohead experimented last year with a ‘name-your-price’ release of their album. Although the final revenues were not released, Radiohead just confirmed a movement of more than 3 million albums from their experiment. This includes formats such as downloads from various retailers and physical product sold online and through stores. Of these 3 million + copies [...]
