Digital music sales to outpace CD sales


My local paper reports “sales of physical music media (CD) are expected to fall 8 percent to 10 percent this year, while sales of digital music could climb 150 percent to 200 percent. Digital music downloads will not destroy CD sales overnight but something is clearly changing in the music industry. In the third quarter, Apple’s iTunes Music Store made it the seventh-largest music retailer (according to NPD)”. The NPD Group (sales & marketing firm), founded in 1967, provides global consumer and retail information that helps manufacturers and retailers make more informed, fact-based decisions in order to optimize their businesses.

Based on this article, it implies many new customers are moving "more toward" digital music and not CD music. Revenue record labels are also losing as CD sales decline. If one looks ahead 5 years, what happens to CD music? Will digital music improve so much that it will sound better than CD music? Are there plans in the works to make digital music sound better than CD music? Do you have any comments?
hgeifman

Showing 1 response by johnnyturbo

I am using a single disk denon 1520, circa 1987, playing through a reflection audio modded benchmark dac1 and the sound is just plain exquisite. a wonderul old piece of equipment-- rapidly gaining antique status. i am presently moving towards a second, hd, system usting itunes, with an outboard usb dac. change change change. gotta keep the old and the new.