The Long Decline of the Music Album Continues

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	The Long Decline of the Music Album Continues

Mohir

1-6-2008 9:32 AM

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tags:

music, internet, digital music

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4ec36dab-337c-477b-a6d0-1f7481494c50/5BE6DF55-5897-4F32-864F-EC8A06DA1DDD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/" href="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/" style="font-size: 11px;">www.techcrunch.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><P>The music industry can’t stop the hemorrhaging, even with the help of digital music sales.  Despite a nearly 45 percent surge in digital music sales last year, overall album sales in the U.S. still <A href="http://ap.google.com/article/ALeqM5jGK2CZZu1nEJtZekM7K39jfiLhWAD8TUP10O0" linkindex="24">declined 9.5 percent,<IMG src="http://i.ixnp.com/images/v3.9/t.gif" class="snap_preview_icon" id="snap_com_shot_link_icon" /></A> according to Nielsen SoundScan.  (It counts ten digital tracks as an album).  Some stats:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><li style="margin-left:16px;padding-left: 0px;">There were 500 million CDs and other physical albums sold last year, and another 844 million digital tracks (or 84.4 million digital “albums”).</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><li style="margin-left:16px;padding-left: 0px;">That compares to 588 million digital tracks sold in 2006.</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><li style="margin-left:16px;padding-left: 0px;">Digital music accounted for 23 percent of all music sales in the U.S. last year.</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><P>Did we mention that the music industry needs to <A href="http://www.techcrunch.com/2007/10/04/the-inevitable-march-of-recorded-music-towards-free/" linkindex="25">change its tune?</A></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techcrunch.com/2008/01/04/the-long-decline-of-the-music-album-continues/"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.techcrunch.com/img/7C581678-B8CE-4EDC-B32D-616B59C0F72E" alt="albumcovers.jpg" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5BE6DF55-5897-4F32-864F-EC8A06DA1DDD/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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