Kasz216 said:
Except... I'm not talking against facts, because what i'm talking about is actually proven in studies. CD sales went down, you know what went up? Digital Download buys. The problem was, very few stores existed at the time. The music Industry is in the exact same shape it was now. The only difference is that most people perfer to buy MP3s now. The invention of the MP3s and Mp3 players made CDs obselete. People wanted MP3s.... and nobody was providing them. Nobody wanted CDs. This had jack shit to do with piracy, as can be seen by how well and how much the music industry sales grew with Itunes. |
Wrong. Digital sales, no matter if you look short-term or long-term, are nowhere close to replace the loss in retail sales. Overall the music industry has been heavily declining for 10 years.
"The slower digital growth saw overall music sales contract for the 11th year in a row. In the period from 2004 to 2010 the value of the world's recorded music industry has dwindled by 31%."
http://findarticles.com/p/articles/mi_m0BNG/is_2011_Jan_21/ai_n56720168/