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ExtraTorrent.cc > Articles > Digital Content Reached Half of American Music Shipments

Digital Content Reached Half of American Music Shipments

Digital Content Reached Half of American Music Shipments

Added: Friday, May 6th, 2011
Category: Bit Torrent Freedom > The Right To Share
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
The statistics report over the year-end shipment revealed that digital music is now responsible for almost a half (47%) of all the music shipments in the United States. This is 38% up from 2005. In fact, digital music downloads went on with a double digit annual growth, and reached $2.2 billion, which makes it around 10% increase from the last year’s total of $2.0 billion.
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After the Recording Industry Association of America has published its “Year-End Shipment Statistics” report for 2010, it turned out that the information from the report proved again that people are really ready to pay for digital content. Though, the RIAA still harps on the opposite.

According to the outfit’s own report, digital downloads went on with their double digit annual growth, and finally reached $2.2 billion by the end of 2010, which is a 10% increase from $2.0 billion reported in 2009. In particular, digital single sales increased by 2%, while digital album sales rose by 8%. Meanwhile, the dollar value of them increased 12% and 9% accordingly.

But the most interesting fact revealed in the report is that digital content now comprises 47% of all the music shipments in the country, which is a clear record. Five years ago the figure was just 9%. Meanwhile, the total digital music market of the United States increased by $3.2 billion last year, which is 3% more than in 2009.

Considering these statistics, the arguments of the entertainment industry over the harm caused by digital piracy and unauthorized file-sharing are completely nonsensical. Indeed, if the RIAA were right and people wanted to obtain digital music for free, then why didn’t digital music sales decline rather than increased? The industry observers have the answer to the question for a while now, but the music industry stubbornly refuses to accept the truth.

The real reason for decline in physical music sales is nothing more than evolving consumer tastes. Physical CD became unsightly or cumbersome today, if compared to multiple other smart ways to carry data and music. It’s not even like vinyl, which at least has a distinct and warm sound – the CDs are only cold silicon outdated discs.

Finally, today’s music fans are able to access many free and legal music alternatives, like YouTube or Last.fm. So, the CD sales also declined because of that.



By:
SaM
May 6th,2011

Posted by: 
SaM

Date:  Friday, May 6th, 2011



Comments (1) (please add your comment »)

1
posted by (2011-05-06 16:18:08)
TheFearAgenda avatarlol... DUH! Good article Sam. Same thing we have been saying FOREVER now. I hate that you can see the black and white that it is rising and they still have to complain. C'mon.



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