Monday 12 March 2012

Investigation of CD Sales.


CD sales dropped dramatically in the last five years due to illegal downloading from the Internet and the widespread CD burning. The easy access to this has made it such an easy adjustment and for those that cannot afford all of the music they want. It allows those to have free music on demand.
The Universal Group, which is one of the largest record cooperation, cut the sales prices up to 25% in the last two years, in order to increase sales hoping to grab the attention of fans and to decrease the amount of illegal download.
Comparing the sales figures of 2009 and 2010 the figure dropped from 147 million to 114 million this year. 
In 2007 CD's accounted for 90% of the album sales in the United States, with digital accounting for the other 10%. In 2009 the CD sales were only 79% whereas the the digital download of music had increased up to 20%. 


Nowadays it is not so much the sales of CD's, which makes the artist earn his money but more iTunes and other online downloading sites. That change came along because it is so easy for everyone to access Internet anytime and anywhere. In addition iTunes also allows the buyer to buy only one song of a whole album, which makes it more convenient for some people.



The sales of CD's changed rapidly over five years due to the introduction online download especially illegal download. Its popularity is still on the up and increasing rapidly. Artists have resulted in making money by doing more live concerts and also headlining and playing a set at music festivals. Festivals are extremely popular and are an easy catchment area to promote the artists music. 



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