US CD album sales show 7% slide
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It seems that album sales here in the United States have dropped 7% in 2005 while the download biz has doubled over the past year. I’m actually shocked that it only fell 7%! I personally haven’t bought a CD in a good number of years.
Sales stood at 602.2 million during the year, down from 650.8 million in 2004, report analysts Nielsen Soundscan. Downloaded music reached 332.7 million for 2005, an increase of 148% on the previous year. More than 95% of music is sold in CD format, with Mariah Carey and 50 Cent proving the year’s biggest sellers.
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