Will there eventually be no more physical CD’s to buy?
Most likely the way things have been looking over the past few years the answer is
yes. People are now turning to iTunes to buy their music. With this the sales
for physical CD’s has drastically declined along with album sales. According to
Rolling
Stone Music digital music sales added up to 50.3 percent of all music sales
in 2011. The Nielsen SoundScan Billboard report that’s released every year
stated that digital sales were up by 8.4 percent from 2011 and physical album
sales were down by 5 percent from last year. It was the first time digital
sales beat physical copies. Adele reportedly sold 1,801,000 digital copies of
her album 21. According to Rolling Stone Music Rock and alternative music
genres total about 38 million digital downloads by users. While R&B is the
third most popular genre for digital album downloads. With digital music being
available to the public worldwide it puts a big hurting on the music industry.
They music industry has pushed for iTunes to raise their prices so they could
make a little bit more profit. So iTunes recently raised their prices on
singles to $1.29
for more popular songs 99cents for less popular songs and 69cents for old
non-popular songs. In other words they are going to make it impossible to find
songs for 69cents. Most consumers only buy single nowadays, that also hurts
record labels too. In all actuality the artist will probably never get to see
any of the price increase. It is also unfair to the producers and songwriters.
With the sale of digital singles and album’s you don’t get to see the producer
credits for each song. Give it about another year or two it will be impossible
to find your favorite artist physical CD.
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