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Article: The NPD Group: Continued CD Sales Declines in 2008, but Music Listening and Digital Downloads Increase.(Financial report)
- Article from:
- Entertainment Newsweekly
- Article date:
- April 3, 2009
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According to The NPD Group, the leader in market research for the entertainment industry, the number of Internet users paying for digital music increased by just over 8 million in 2008 to 36 million Internet users. Purchases of online digital music downloads increased by 29 percent since last year; they now account for 33 percent of all music tracks purchased in the U.S. NPDEs Digital Music Study, an annual tracking study covering the music industry, also revealed that there were nearly 17 million fewer CD buyers in 2008 compared to the prior year.
The decline in CD buyers cuts across all demographic groups, but was particularly focused on teens and consumers age ...