Skip to main content

Music CD Sales Slump, Downloads Gaining

Hollywood Reporter -- Album sales declined 3.28 percent in the first quarter, with a slate of lackluster new releases contributing to a downturn in the first three months of 2006.

According to Nielsen SoundScan data for the week ending April 2, album sales -- full-length CDs plus digital albums purchased as "one-click" sales -- totaled 140.4 million units for the year's first quarter compared with 145.2 million for the same period in 2005, an overall decline of 4.7 million units.

In comparison with the first three months of 2005, digital sales continued on the upswing, though they still are dwarfed by sales of physical product. Digital album sales, tallying nearly 7.4 million units, increased 143 percent in the quarter, while sales of digital tracks jumped 89 percent to almost 144 million units.

In terms of market share, Universal Music Group maintained its lock on the top spot. Universal accounted for 30.7 percent of the market in the first quarter; that figure includes sales generated by its independent arm Fontana Distribution.

Popular posts from this blog

The Marketer's Guide to GenAI Transformation

Enterprise marketing faces a critical turning point in 2024, mirroring the shift from traditional outsourced media buying to digital marketing practitioners. A rapidly changing landscape of technological advancements demands a similar leap forward. Just as digital disrupted legacy media strategies, these trends render current enterprise marketing methods inadequate. Embracing a data-driven, agile, and purpose-driven approach isn't a suggestion, it's the imperative for survival and success in today's dynamic market. Applying generative artificial intelligence ( GenAI ) to a range of enterprise marketing tasks will result in a significant productivity increase by 2029, according to the latest worldwide market study by International Data Corporation (IDC). Marketing GenAI Apps Market Development "In the next five years, GenAI will advance to the point where it will handle more than 40% of the work of specific marketing roles," said Gerry Murray, research director at