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latest news
Teens are sold on music downloads (Everett Herald)
SAN FRANCISCO -- Nearly half of all teenagers bought no compact discs in 2007, accelerating the music industry's painful transition from CDs to digital downloads.
CD to digital: Painful for music industry (The Charlotte Observer)
Nearly half of all teenagers bought no compact discs in 2007, accelerating the music industry's painful transition from CDs to digital downloads, according to a report released Tuesday. One big beneficiary: Apple. Its iTunes music store, which sells only digital downloads, jumped ahead of Best Buy to become the No. 2 U.S. music seller. Apple trailed only Wal-Mart, which mostly sells CDs. The ...
ITunes edges Target, Best Buy for music bucks (BizJournals)
Local retail giants Target and Best Buy are ranked near the top of the list of national music retailers, according to a new information released Tuesday. But Apple's iTunes has eclipsed them both. (WMT) (BBY) (TGT)
Gigs & Bytes: CD Sales Drop / Legal Downloads Rise (POLLSTAR)
Business research outfit NPD Group has a new report on consumer music-buying habits, pretty much affirming what others have claimed: CD sales continue to drop while legal downloads continue to rise, but the latter still hasn't made up for the former's loss.
Digital downloads continue to gain ground on CD sales (Houston Chronicle)
Nearly half of all teenagers bought no compact discs in 2007, accelerating the music industry's painful transition from CDs to digital downloads, according to a report released Tuesday.