Thursday, October 26, 2017

“Digital Music Takeover” -----Wednesday afternoon links - AEI

Wednesday afternoon links - AEI:

"1. Chart of the Day I (above) shows the amazing “Digital Music Takeover” of recorded music sales, based on new mid-year data for 2017 from the Recording Industry Association of America. 
As recently as 2003, physical format recordings (CD, LPs, DVDs, etc.) were 100% of recorded music sales. 
In 2004, digital music was in its infancy and captured just 1.5% of recorded music sales. 
Since then digital music formats have become increasingly popular, and for recorded music sales in the first six months of 2017, digital music captured a record-high market share 84%. 
I’m pretty sure we can expect that trend to continue, as CD and LP sales continue to decline as a share of recorded music sales and digital music continues to gain market share."


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