AFSCME 3357-HOF'S BLOG

Waa Waa Recorded Music sales slump 7.6%

The recording industry announced that the sales of recorded music sunk 7.6% last year. Naturally they attriute it to file traders. The real culprit is in the next office over, at the video divisions of the same conglomerates that control the record industry. DVD sales were up 45% last year, a $3 billion jump. The recorded music drop was just $.2 billion.
When I go to Best Buy with $25.00 in my pocket, I have to decide to buy a DVD or a couple CDs. I'm going to go with the DVD every time.
(Actually, I try to buy them pre-viewed at Blockbuster at 2 for $20.00.)

Maybe if the recorded music industry took a look at the sorry state of radio, they'd realize that nobody is buying music because nobody is hearing music.

CNN.com - Music slump: 'Worst may be over'? - Apr 7, 2004