According to Soundscan, retail stores are selling less and less, but some of the slack is being taken up by non-traditional retailers like Amazon, which grew 8%.
Retail chains, mass merchants like Wal Mart, dowload stores, and mom & pop stores all saw their sales decrease last quarter.
Overall, CD sales are down 10%, but still sold a healthy 82.6 million, and vinyl sales still continue to surge, up 32% to 8 million sales.
Physical product is far from dead, but it's certainly decreasing at a rapid rate.
2 comments:
Something that people might think about is whether or not the across-the-board decline is really all decline or if maybe a lot more music is going direct from band to fan now, bypassing soundscan.
We've sold our souls since Napster and the digital devil strikes again.
God help us all...
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