Rich’s Music Notes

Not only are CD sales down for the first quarter of 2009, there are no platinum albums (sales of a million or more).  There were only 39 releases that surpased 25,000 during the first week of release.

This brings into question whether the close of major retailers like Circuit City and Virgin Megastores could have a role in the decline.  Fewer outlets means fewer stores selling albums.

Not only are CD sales down, prices at popular download sites such as iTunes and Amazon are on the rise.  You would think raising prices during a tough recession would be the wrong thing to do.  If successful, this would probably be another nail in the coffin of CDs.

– Rich Pulham

This entry was posted on Tuesday, April 14th, 2009 at 9:32 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.