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ATLANTIC RECORDS SELL MORE DIGITALLY

Mon, Dec 1, 2008

Entertainment, Featured News, News

The time was going to come eventually, but no one knew exactly when digital music sales were going to pass the sale of physical CD’s. For one records label it has actually occurred already. Atlantic Records are reporting that more than half of their sales are from digital music albums sales and mp3 purchases online with approximately 51% of the sales, which also includes ringtone purchases. Though this has occurred for Atlantic Records, experts are saying that the sales of music online is not growing at a fast enough rate to succumb the overall losses labels have taken because of the decline in music sales. One fact in sales is that eight years ago, they were at close to $15 billion and this year there will be at a little over $10 billion. This was bound to come because of the increase in technology, when will the time come when there will be no physical CD’s being sold?

By: Adrian Gonzalez

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Villa Staff - who has written 1447 posts on Villa | Join The Movement.


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