How is this even possible? According to stats just released by the British label group BPI, CDs still make up more than three-quarters of the UK album market. That is, 76.1 percent of all album sales for 2011, with digital albums comprising a more modest 23.5 percent. We're awaiting year-2011 breakdowns for the US.
This is part of a familiar story: digital formats are growing, but not nearly enough to make up the physical deficit. And the inability to shift away from physical formats is dragging the broader British picture. For the year, broader album sales landed at 113.2 million, down 5.6 percent across both physical and digital formats. But CDs tanked 12.6 percent, a huge drag on a 23.5 percent gain on digital albums.
Of course, non-album formats like subscriptions and a-la-carte downloads are also rising, but not at an industry-sustaining pace. The BPI continued to point the finger at piracy, and inaction from the British government. "While other countries take positive steps to protect their creative sector, our government is taking too long to act on piracy, while weakening copyright to the benefit of US tech giants," BPI chief Geoff Taylor stated. "Unless decisive action is taken in 2012, investment in music could fall again - a creative crunch that will destroy jobs and mean the next Adele may not get her chance to shine on the world stage."
Vinyl remained a small but promising bright spot, thanks to a gain of 44 percent to 337,000 units on the year. But that's just 0.3 percent of the overall album sales total.
Comments Closed
take it from 2000 Monday, January 02, 2012
If you compare this short graph to the decade's, you will come up with much more telling information.
@BenjiKRogers Monday, January 02, 2012
Spotify does not save the day ??? ;)
@teamquentin Monday, January 02, 2012
So next time a tech blog claims labels are abandoning CDs, check their sources.
oh yes Monday, January 02, 2012
I agree. Tech blogs are full of $@$!~%! and they only exist to push the IT industry agenda further.
@jenniferkx Tuesday, January 03, 2012
BPI vs. TECH BLOGS hmm....
tippysdemise Monday, January 02, 2012
so CD's still make up 76.1% of sales and account for what, 6% of total music acquisition?
@Innerviews Monday, January 02, 2012
"Death of the CD in 2012?" Uh, no...
@KaneAgency Monday, January 02, 2012
Strange fact of the day...
nope Monday, January 02, 2012
CDs do not make up less than 50% of album sales in the US. According to SoundScan, physical is 69% and digital is 31% of all albums in 2011.
paul Monday, January 02, 2012
Thanks for catching that. I haven't seen the full year-2011 album format breakdown from Nielsen, but the 'less than 50 percent' was for broader recordings and cited the RIAA.
Updating!
/paul.
Nate Tuesday, January 03, 2012
What does "broader recordings" mean?
paul Tuesday, January 03, 2012
Anything involving the sale or monetization of a recording: albums, singles, subscriptions, etc.
katrinamcmullan Tuesday, January 03, 2012
@MNieweglowski Wednesday, January 04, 2012
Are you surprised?
@fingertipsmusic Wednesday, January 04, 2012
Anyone still think CDs will disappear after this year?
ABELIA Thursday, January 05, 2012
"While new countries aver confident steps to protect their originative aspect, our government is action too tenacious to act on robbery, Cisco 646-205 piece weakening document to the benefit of US tech giants," BPI honcho Geoff President expressed. "Unless decisive state is arrogated in 2012, Cisco 350-030 investment in sound could light again - a notional scranch that testament unmake jobs and convey the close Adele may not get her quantity to beam on the humankind period Cisco 642-902
demi jeny Friday, March 30, 2012
While new region aver confident steps to protect their originative aspect, our rule is protocol too tenacious to deed on robbery, decrease agent to the benefit of US tech giants," BPI honcho Geoff President expressed. "Unless decisive state is arrogated in 2012, empowerment in sound could clarification again - a notional scranch that will unmake jobs and convey the close Adele may not get her quantity to beam on the universe end ny escorts
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