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.
Didn't we already know this, people still want a CD, it sounds better than a download... trouble is they are overpriced and badly made and exclusively distributed by majors and major distributers.
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