CD sales plummet in US as streaming rises


  • TECH
  • Wednesday, 23 Sep 2015

Going up and up: Sales of full-length CDs fell by 31.5% in the six months through June compared with a year earlier to US$494.8mil (RM2.11bil), whereas sales from streaming totalled US$1.03bil (RM4.39bil), up 23% from a year earlier.

NEW YORK: US sales of CDs tumbled by nearly a third in the first half of the year, although the boom in streaming largely compensated for lost revenue, the industry said. 

Revenue from full-length CDs, which long dominated the industry, fell by 31.5% in the six months through June compared with a year earlier to US$494.8mil (RM2.11bil), the Recording Industry Association of America said. 

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
PDRM calls for greater parental vigilance as grooming by online predators leads victims to share more CSAM content
New app helps you sit up straight while at your computer
Dispose of CDs, DVDs while protecting your data and the environment
'Just the Browser' strips AI and other features from your browser
How do I reduce my child's screen time?
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Chatbot Chucky: Parents told to keep kids away from talking AI dolls
South Korean crypto firm accidentally sends $44 billion in bitcoins to users
Opinion: Chinese AI videos used to look fake. Now they look like money

Others Also Read