Breaking News

God of War Greek trilogy remake in development & God of War Sons of Sparta out now Sony Launches WF-1000XM6 Truly Wireless Earbuds EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments MSI Strengthens Strategic Partnership with Samsung Display Razer Introduces the BlackShark V3 for Xbox – White Edition

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Online CD sales fall; Analysts blame rise of file-swapping sites

Online CD sales fall; Analysts blame rise of file-swapping sites

General Interest Nov 5,2002 0

Online music sales have struck a sour note. Sales of compact discs and tapes over the Web have dropped 25% this year, says a study to be released Monday. And the trend shows no sign of slowing. Through the first nine months of the year, consumers spent $545 million to purchase music on the Web vs. $730 million a year ago, says comScore Media Metrix, a unit of researcher comScore Networks Inc. The drop in online music sales runs counter to overall product sales on the Web. They're up 35%, says comScore. The decline in music sales is puzzling and disturbing, says Peter Daboll, president of comScore Media Metrix. "When you see online sales in total growing pretty consistently at 30% growth year over year, to see one segment falling off is pretty surprising," he said.

The growth of file-sharing services are helping slow online music sales, says Daboll. Such services let consumers get songs over the Internet for free. "Consumers have a choice between clicking for purchase or getting something at a file-sharing site for free," he said.

Just a few years ago, sales of CDs over the Web looked like a sure thing. Consumers flocked to online CD stores because they could find thousands of artists and titles on one site - far more than a corner record store could hold. The CDs arrived a few days later in the mail.

To read the entire article click upon the 'Source' link!

Tags: Piracy
Previous Post
IBM enhances Pixie Dust for 80G mobile drive
Next Post
Elby offers "Clone Attack" t-shirts!

Related Posts

  • Amazon Sues Online Stores Selling Pirated DVDs

  • Denuvo launches Nintendo Switch Emulator Protection

  • USTR Lists Amazon Websites in Notorious Markets for Counterfeiting and Piracy Report

  • U.S. President Signs Executive Order to Prevent Sales of Imported Counterfeit Goods

  • Two Computer Programmers Plead Guilty to Operating Large Movie and Television Show Streaming Services

  • Ubisoft is Trying to Prevent Illegal Sales of Game Activation Codes

  • German Authorities Shut Down File-sharing Site

  • Youtube-mp3.org Site Shut Down

Latest News

God of War Greek trilogy remake in development & God of War Sons of Sparta out now
Gaming

God of War Greek trilogy remake in development & God of War Sons of Sparta out now

Sony Launches WF-1000XM6 Truly Wireless Earbuds
Consumer Electronics

Sony Launches WF-1000XM6 Truly Wireless Earbuds

EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments
Enterprise & IT

EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments

MSI Strengthens Strategic Partnership with Samsung Display
Consumer Electronics

MSI Strengthens Strategic Partnership with Samsung Display

Razer Introduces the BlackShark V3 for Xbox – White Edition
Gaming

Razer Introduces the BlackShark V3 for Xbox – White Edition

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed