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17 Million People Stopped Buying CDs In 2008
Houston 2600 sends along an Ars Technica writeup on the continuing downward trend in the traditional music business: NPD's annual survey found that 17 million CD customers dropped out last year. Among the good news is that streaming services such as Pandora are growing fast. "While overall music sales were up 10 percent in 2008, the year saw a drop not only in CD sales, but also in the number of customers actually purchasing music. But according to a new report, the act of listening to music is actually on the rise. ... NPD's annual Digital Music Study found that there were 17 million fewer CD customers in 2008 than in past years. CD sales have been dropping for quite some time, and while 1.5 billion songs were sold digitally last year, the number of Internet users paying for digital music only increased by 8 million in 2008."
...to mortgage-backed securities -- they get a better rate of return.
Retail sales in general are down because nobody wants to spend money on luxury items.
I am surprised that people even bothered to do research on this. I could have told you this without looking at any metrics.
The price is always right if someone else is paying.
also, I want to know a breakdown of what era the music is being purchased from... the 60s, 70s, 80s, 90s or the current decade? Im guessing a big reason for the drop in CD sales is people have filled out their CD collections/replaced all their cassette tapes
Thanks to file sharing, I purchase more CDs
Thanks to the RIAA, I buy them used...
I was born listening to 8-tracks, and I will die listening to 8-tracks. And I'll NEVER give them up, dammit!!!
SJW: Someone who has run out of real oppression, and has to fake it.
because 8 million people finally understood that they could buy single tracks online and not have to waste 20$ to get the two or three tunes they really wanted.
The other 9 million either went broke, discovered illegal file-sharing or simply got tired of the crap the industry is producing and moved to other things like books, movies, videogames or that new amazing thing called going outside. I hear the 3D is amazing.
Really, I haven't heard a decent mainstream track in the past year. At least, not one that made me want to go out to the store and buy an entire album. Last year, I got most of the singles I wanted via Amazon spending Pepsi Points.
New York just lost it's biggest rock station, which switched to be yet another top-40 "pop" broadcaster. Everything else is classic rock -- and really, how is playing Led Zeppelin twenty times a day going to boost record sales? The state of modern music is so bad that radio stations can't find enough songs to play to fill up an hour's commute with songs made in the last decade.
I think where the RIAA goes wrong is using CD sales as its only metric for profitability. In reality, CDs are essentially a dead technology. The only places CDs are still widely used are car CD players, home hi-fi systems, and DJ booths. Otherwise people are going digital. If I were to purchase a CD (I am one of the 17 million, except I dropped out years ago), I would buy it, open it, immediatly rip it to FLAC, convert those files to MP3 V0, and drop it on my MP3 player. From that point forward, if I am at my computer, I am listening to FLAC, and if I am away, I am listening on my MP3 player.
CDs, at this point, are simply are not required to be purchased because if you can get the music in FLAC(whether it be through a legit source or not), you can just make your own CD. The music industry desperately needs to come to grips with the fact that no one is lugging around bulky CD players anymore, they want MP3 players that fit in half a pocket and hold 1000 songs and have 8 hours of battery life (all of which are advantages over the CD model). Factor in the cost of a CD vs. its digital counterpart and its really not a choice anymore. It's really not surprising at all that CD sales have declined, even while music sales are up.
Crackin' Wise - Blogging about whatever we want
TFA says 1.5 billion downloads happened last year. That sounds a bit fishy since Apple alone sold 2 billion songs last year (see e.g. techcrunch article).
...the retail store is.
I'm serious. Kodak went thru the same process. Focused on selling physical high-volume goods (photo film & paper), they viewed the customer as the store buying stuff in volume - not the individual actually using the product. As a result, when digital photography started catching on, the manufacturer was faced with threats of retail stores dropping their products entirely. You see, the standard drug-store film-processing model required the end user to enter the retail store three times (buy film, drop off film, pick up prints), thus encouraging additional "well, while I'm here..." purchases resulting from the walk-in photo-processing model. Digital photography trashes that model: no longer must the end user come into the store so often ... which upsets the retailer, who then tells Kodak et al "don't go digital or we'll drop your products entirely". Thing is, by considering retailer = customer, the manufacturer doesn't see that the end user is going to go digital anyway and sales of film will eventually evaporate. Scared of losing the "customer" (i.e.: retailer), the manufacturer fails to serve the "real customer" (i.e.: end user), and isn't ready to handle the transition when it finally hits.
Same problem with music. Big labels see the retail stores as the customers, who complain "if you go to digital distribution we won't have anything to sell, so stifle that MP3 stuff or we'll stop selling your product" - not seeing that the end user is, en masse, going all-digital-download. You're not the RIAA's customer, the retail store is.
Can we get a "-1 Wrong" moderation option?
Let's compare buying a CD from a retail store versus downloading, shall we? Let's say you hear this rad Britney tune on some awesome Youtube mashup and you just have to have it, right freaking now.
Retail:
1) Get out of bed. Not something I do willingly.
2) Shower. Or not. Depends on how offensive your personal aroma is. After 2 days without a shower, I smell like roses and candy.
3) Get dressed. Okay, so I don't have any clean underwear. I'll just flip these inside out, nobody can see the skidmarks.
4) Find car keys. For me, it's usually a 5 minute desperate search until I realize that they're already in my pocket.
5) Drive to store. Traffic sucks, gas costs money and if I get another moving violation, I lose my license. No, Officer Friendly, I have no idea how fast I was going. Why don't you let me in on the secret?
6) Park in big box store parking lot. It's a long freaking walk in direct sunlight, and my basement-dwelling geek-pale skin might just burst into flame. Lean against door to rest. Wheeze loudly.
7) Go into store and find desired CD. Lookit that, they're out of stock and I came all this way. Shucks.
8) Stand in long-ass checkout line behind Welfare Queen and her brood. Screaming kids are always a pleasure, the little darlings.
9) Pay uncaring, minimum-wage clerk $14 for your purchase. For 6 bucks an hour, you KNOW she cares what you think.
10) Drive back home. More gas, more traffic, more chances for that moving violation.
11) Open CD. Break out Sawzall to cut through multiple layers of plastic and security tape. Cut finger open. Curse loudly.
12) Rip CD to disc. Can't browse porn while it's ripping or it might mess up. Hunt through 433 cable channels for something to watch while CD rips.
13) Upload to mp3 player. Rock out to Britney's latest. FINALLY!
Elapsed time: 90 minutes, $14 plus gas, plus cost of speeding ticket (if any).
Download:
1) Roll over in bed, open laptop, brush Cheetos dust off sausage-like fingers, click on Amazon.
2) Pay 99 cents for the one track you want.
3) Browse porn for the 60 seconds or so it takes to download.
3) Upload to MP3 player. Rock out.
Elapsed time: 3 minutes tops, 99 cents. No clothing, no shower, no speeding ticket.
- Pithy comment goes here.
Sure...listening is on the rise...people are desperately listening to hope to try to find something WORTH listening to, and possibly buy to keep.
So much music today, is dispensible.
When I bought music, it was something I bought to keep and listen to repeatedly. I hear kids today buy songs...listen for a few months, and hardly ever return to them again? I still listen over and over and over again, most all of my music collection from over the years. I have songs from my parents' time. I have stuff when I was a kid (very young) in the 60s and early 70's. I like the stuff my my teen years...through college and all. For the most part, I quit finding new, good stuff I wanted in the early 90's or so.
I have a pretty decent sized collection. I don't have any throw away music....
What is the deal with that today? Is it due to the lack of quality/musicianship?
Light travels faster than sound. This is why some people appear bright until you hear them speak.........
FACT: lots and lots of great music is made all the time.
FACT: human beings "bond" with music in their teens as music has an emotional component and the flood of hormones wreaks havoc with ones emotional make up and ordering. As a result: people "focus" on the music of their "coming of age" or maturation.
FACT: there has been no decrease in talent, nor has there been a decrease in creativity.
So, as people age, the hormone disaster retreats, and they lose interest in music as it is crowded out by careers, marriages, kids, and mortgages. Combine that with a multiplicity of technologies demanding one's attention (TV, Wii, XBox, Movies, Internet, etc.) and it thusly comes as NO SURPRISE that people think "music these days sucks" and "there's no good music anymore", when in fact, it is simply one's perceptions and hormonal predispositions have changed.
I'm an Older Geezer - I saw Genesis with Peter Gabriel, Yes, and King Crimson with Wetton on bass. I saw the Gang of Four, and the Clash, and MX80, Blondie, etc. Then I graduate university and I continued being fascinated by music. I also got married, and I saw my (now ex) wife lose interest, and my friends lose interest, and in the mid 1990s one of them said "yah know, Ralphie - music pretty much died in 75 and 76 when Disco and punk came down the pike" And I responded, "No, dumbass - you graduated high school in 75, and got that soul-deadening job at the air conditioning factory that drained all the life out of you."
I continue to listen to new music, even as I lose my hair and go ever grayer. I have thousands of CDs and LPs (most of which I have digitised or collected digital versions of) and I listen to music all the time and I am always listening for new good music, and I am never disappointed. There's TONS of great stuff gushing out of the world every single day. It's Art. It's WHAT WE DO because WE ARE HUMAN.
so when you say "There hasn't been any good music in 10 / 20 / 30 / 40 years", I say FUCK OFF and OPEN YOUR EARS.
Wanna learn more? get "THIS IS YOUR BRAIN ON MUSIC". Read it.
nuff said.
Shoes for Industry. Shoes for the Dead.
I've been fanatically buying music for the past twenty years, and I now have access to much much more quality new music than ever before.
I'm not trying to be rude, but stopping buying/finding new music seems to generally be a function of age ( I'm 36 ). Music which soundtracked your most hormonal years seems to sink in deeper ( playing things on the radio enough that it hits a *special* moment for people seems to be a large part of how the music industry works/worked. )
Listening to music from their earlier years seems to be conforting for people, but to say that the quality of music and musicianship has declined is just another 'the kids these days are shit' statement. Your position and emotional needs have probably changed, but it's still true that your all-time favourite band you havn't heard yet, and right now they're probably about 3-4 clicks from where you're sitting.
Sign of for Last.fm, or Pandora, or whatever. People who've grown up around the music you love are now making music themselves.
And turn the damn radio off.
Or maybe they just got tired of buying RIAA produced crap? I have been talking to my buddies and a lot of them have been doing like me and just buying from local artists, which don't show up in these RIAA numbers. Even in a little state like AR I can have my choice of anything from bluegrass and traditional country to death and speed metal, and everything in between. And frankly you don't feel bent over by the local artists.
The last show I went to I got a T shirt, a nice 12 song CD with nice artwork and liner notes, and a bumper sticker for $25 and got a little 5 song EP CD for free. Hell of a lot better deal than what I would get from an RIAA member. I have also noticed that more and more are doing the tricks I used to do with my old band, like having a raffle for a guitar signed by the band. Every purchase of $10 or more got you put in the raffle. It gives the band another chance to sell you stuff after the show and who don't like raffles? We would pick up these Kramer guitars and basses from MusicYo(sadly no longer in business) for a little of nothing, play them for a couple of songs, and then sign one and give it away. I suppose from the looks of them the bands are using pawn shop specials now, but hell it's still fun and a great way to put butts in the seats.
So maybe they just got tired of feeling ripped off and skipped the middlemen? From the shows I have been seeing the local artists are going out of their way to make sure you have value for your hard earned $$ in this economy. And you know that every dime you hand them isn't going to some fat cat or some lawyer suing kids. So maybe like me they have just decided the RIAA crap isn't worth bothering with. Too much corporate MOR garbage for too much money.
ACs don't waste your time replying, your posts are never seen by me.