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Atlantic Reports Digital Sales Surpass CDs For First Time

But overall music sales declining rather rapidly...

By Keith Clark December 18, 2008

Digital music distribution continues to emerge

Atlantic Records recently reported that for the first time in its history, sales of digital music have surpassed those of compact discs.

A recent article in the New York Times states that Atlantic “has reached a milestone that no other major record label has hit: more than half of its music sales in the United States are now from digital products.”

The article also notes that while digital delivery is increasing, overall music sales are declining at a fairly rapid pace. In 1999, total music sales were $14.6 million, while this year, they’re expected to be about $10.1 billion.

“As a result, the hope that digital revenue will eventually compensate for declining sales of CDs — and usher in overall growth — have largely been dashed,” the article stated.

Click here to read the entire New York Times account.


About Keith

Keith Clark
Keith Clark

Editor In Chief, ProSoundWeb & Live Sound International
     
Keith has covered professional audio and systems contracting for more than 25 years, authoring hundreds of articles in addition to hands-on work in every facet of publishing. He fostered the content of ProSoundWeb (PSW) from its inception, helping build pro audio’s largest portal website, and has also served for several years as editor in chief of Live Sound International (LSI).

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