ZDNet posted an article indicating that, according to The NPD Group, the number of Internet users paying for digital music increased by just over 8 mln in 2008 to 36 mln Internet users. Purchases of online digital music downloads increased by 29% since 2007; they now account for 33% of all music tracks. There were nearly 17 mln fewer CD buyers in 2008 compared to 2007. The decline in music purchasing was led by a 19% drop in CD sales. Only 58% of Internet users reported purchasing CDs or digital music downloads 2007, versus 65% in 2007.
I have to confess that while I’ve converted all my CD’s to mp3′s, I only just recently made my first purchase of digital music. I wasn’t very pleased with the purchase; there were some portions of the songs that were garbled. That didn’t come as a complete surprise becaues I’ve experienced the same with music that I’ve converted. I guess in light of the fact that the digital download was only half of what the CD would have cost it’s still a good deal.
Read the entire article on ZDNet.
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