Music CDs are Alive & Kicking

CBC News: “Preliminary numbers from Nielsen Music Canada show that while CD sales fell 18 per cent over the past year, still selling roughly 10 million units, they were relatively strong compared to the more dramatic erosion of digital album sales through stores like iTunes. Digital album sales tumbled nearly 25 per cent for the year to 6.2 million units, extending what is expected to be a steep downturn as more listeners embrace streaming services.”

“David Bakula, who oversees Nielsen’s industry insights operations, said the changes in digital habits mean the CD is representing a larger share of the declining album sales market. He believes that writing the obituary for the CD is premature as labels look to bolster album sales however they can, while older listeners stick to their usual buying habits.”

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