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The EvO:R Street Journal
The EvO:R Street Journal
Dedicated to the culture, business and interests of the indie artist.
EVJ delivers controversial points of view, hard-news commentary, Industry Insites,
artistic prose and photography and welcomes responses (pro or con),
feedback and topic suggestions from readers. If you would like to
submit an opinionated article, inspired poem, photo or essay to EVJ,
forward all copy to Editor ESJ and
put To the Editor in the subject field.
CD Sales Are Down, Whatsup?
© Zach Pontz
CD sales have fallen 20 percent from the same time last year and there doesn't seem to be anything
the music companies can do about it.
In the not-so-surprising or earth-shaking category falls news this week that CD sales have plummeted
20 percent from the same time last year. This does represent a sharp decline in the seven-year
battle the music industry has been fighting on technology, but it should come as no surprise as
more and more albums and singles become available via distributors such as iTunes, Rhapsody and so on.
Nielson Soundscan, which released the data, has pretty much acted as the white flag, with itís
constant butt-battering info. The information tracker has also reported two of the lowest selling
#1 albums in its 16 year history so far this year. Chris Daughtry, that oh-so-lovable
ďAmerican IdolĒ runner-up topped the charts with a not-so-staggering 65,000 copies sold in
itís first week. In comparison N Syncís No Strings Attached album sold some 2.5 million copies
its first week back in 2000 and even just a few years ago the top selling album of the year was
50 Centís Massacre with some 872,000 copies sold.
Another detrimental factor has also been the quick and swift closing of a number of music retail
stores throughout the country numbering somewhere around 800 so far in the past year. Among
those closings were the 89 Tower Record stores that evaporated following the demise and bankruptcy
of that retail chain.
The music companies had been banking on the sale of digital downloads to help resurrect the industry,
and while sales have risen 54 percent since the same time last year, at 173.4 million , according to
Nielsen Soundscan, this isnít nearly enough to offset the 20 percent decline in CD sales.
If the music industry wants to, it can take solace in the fact that they are hardly alone on the
battle against piracy and declining sales. The film, TV and publishing industries have also been
affected. While the former two have seen illegal downloading steal millions upon millions of
dollars, the latter canít keep up with the ability the internet has to provide information at
a much more rapid and timely pace, while being unable to provide as high a return on advertisements.
ESJ is looking for writers/poets for our next issues.
All work is appreciated and will be published (with the exception
of articles containing racism, bigotry or other demeaning topics)
Also, this is a PG-13 rating and will be censored if you do not edit
it. Please e-mail The EvO:R Street Journal.