iTunes 2nd-largest music store in US
What CD's?
In an environment where users are more likely to
turn to piracy, Apple’s iTunes Store has climbed to second place among all
legal US music stores and is second only to Wal-Mart, according to a new
study by The NPD Group.
The research firm notes that about 29 million users, or 10 percent of all people acquiring music in the US, turned to paid download services throughout the course of 2007 and more often shopped at iTunes than through any other service. The total figure represented a jump of about five million versus 2006 and saw most sales go to buyers between 36 and 50 years old…
As many as one million people stopped buying CDs altogether in the last year, with nearly half of all teenagers — 48 percent — never having bought their music in the physical medium.
We’re already having discussions about DVD’s and Blu-Ray disappearing. Certainly, CD’s are part of that process.
The research firm notes that about 29 million users, or 10 percent of all people acquiring music in the US, turned to paid download services throughout the course of 2007 and more often shopped at iTunes than through any other service. The total figure represented a jump of about five million versus 2006 and saw most sales go to buyers between 36 and 50 years old…
As many as one million people stopped buying CDs altogether in the last year, with nearly half of all teenagers — 48 percent — never having bought their music in the physical medium.
We’re already having discussions about DVD’s and Blu-Ray disappearing. Certainly, CD’s are part of that process.
Posted: Tue - February 26, 2008 at 11:31 AM