Friday, March 19, 2004

Album sales at record high

Forget the spin! It's a record record. "Total sales (in all formats) climbed to a record high in 2003: 65.6 million, easily topping the previous record of 63.9 million set in 2001.

And the sales of actual CD albums climbed above 50 million for the first time (well above 50 million actually).

It's a real cause for celebration. Back before the advent of Napster and home CD burning the industry was selling fewer than 40 million CD albums per year."

Other stories: ARIA's press release, Sound of cash registers is music to the ears, Radio interview with Peter Martin and MUSIC INDUSTRY NEAR COLLAPSE IN FILE-SHARE FRENZY - No, Wait, That's Not Right….

Or the Slashdot article.
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