Gearslutz.com - View Single Post - Music's lost decade: Sales cut in half
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Old 9th February 2010   #200
Dean Roddey
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Joined: May 2008
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Quote:
Originally Posted by Funky D View Post
I love this graph, as it doesn't account for the 6 BILLION songs downloaded via iTunes between 2003 and 2009. Granted, those are worldwide sales which have ramped up the most in recent years, but in it's first year alone iTunes sold 70 million songs.

The CD is dead. The album is dead. The recording industry as we once knew it is dead. And there ain't no going back...
Well, for one thing it only goes up to 2004, so obviously it wouldn't. But they really wouldn't have made much difference. 960M CDs (at the peak) would be 9.6 billion tracks PER YEAR. Those 6B tracks over three years wuld be 2B a year on average. Already by 2004 2B a year would only have broken even. But CDs kept falling and are now down to something like 1986 levels, and the legal digital sales haven't remotely made up for that loss.
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