A Bleak Future For Physical Media Purchases?

KevReedUK writes "The folks at ZDNet are eulogising over the upcoming death of physical media music sales. They refer to the noticeable drop in physical sales of albums whilst digital sales continue climbing (albeit at a reduced rate). Their central argument is that 'the music industry was pillaged by piracy and competition from other forms of entertainment such as video games ... [2007] marked the lowest tally and the steepest decline since Nielsen began publishing estimates based on point-of-sales data in 1993, a Nielsen representative said. The peak year in that time was 2000, when sales reached 785 million units.'"

Comments

Laying in the bed they made

[brindle]

Poor music industry. Why don't they focus on developing and promoting musical talent rather than controlling every aspect of the music business? Its been a couple years since I have bought a CD. Yes there are some good groups still out there but nothing like it was before. Give us a reason to buy a CD. Britney Spears just doesn't do it for me.