By: Spacelab Research Staff
The RIAA hung its head in shame as it announced yet another slump in CD sales for the U.S. in 2006. Retail sales dropped 6.2%, and they shipped less CDs to stores (13% less). Maybe there's something to that... If you ship less CDs to retail outlets you will obviously sell less CDs. We should all be paying attention to that.
Overall CD sales were down 12.9%. The report was compiled by Nielsen SoundScan.
The RIAA labels were hoping to make it up in the newly vaunted download market, which did grow as the download sales figures grew to $1.6 billion from the previous year's $1.3 billion.
Can you smell that in the air? It smells like the death of the CD bundle as a viable option. Because something is happening here, but you don't know what it is. Do you, Mister Jones?