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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Digital music sales 'to nearly equal CDs next year' AFP - Wednesday, August 19 WASHINGTON (AFP) - - Compact discs accounted for 65 percent of US music sales in the first half of 2009 but digital downloads are expected to nearly equal CD sales by the end of next year, market research firm NPD Group said Tuesday. ADVERTISEMENT "Many people are surprised that the CD is still the dominant music delivery format, given the attention to digital music and the shrinking retail footprint for physical products," said Russ Crupnick, NPD vice president of entertainment industry analysis. "But with digital music sales growing at 15 to 20 percent, and CDs falling by an equal proportion, digital music sales will nearly equal CD sales by the end of 2010." Paid digital music downloads accounted for 35 percent of all music sales in the first six months of the year, up from 20 percent in 2007 and 30 percent last year. According to NPD, Apple's iTunes accounts for 25 percent of all music units sold, up from 14 percent in 2007 and 21 percent in 2008. Walmart, the world's largest retailer, was next accounting for 14 percent of music volume sold, followed by Best Buy. "The growth of legal digital music downloads, and Apple's success in holding that market, has increased iTunes's overall strength in the retail music category," said Crupnick. "But the importance of the big box retailers shouldn't be dismissed, as long as the majority of music consumers continue to buy CDs." Consumer downloads from iTunes comprised 69 percent of the digital music market in the first half of the year, NPD said, followed by AmazonMP3 at eight percent. Walmart was the top-seller of CDs with a 20 percent share of the physical music market, followed by Best Buy at 16 percent and Target and Amazon at 10 percent each. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Internet Portals & Search Engines Digital music sales 'to nearly equal CDs next year'AFP - Wednesday, August 19 Exploding iPhones 'isolated incidents', say AppleAFP - Wednesday, August 19 EU invests millions in high-speed mobile internetAFP - Wednesday, August 19 IBM sees future of microchips in DNAAFP - Tuesday, August 18 Related Articles: Technology Digital music sales 'to nearly equal CDs next year'AFP - Wednesday, August 19 Qwest to shut off its wireless service October 31Reuters - Wednesday, August 19 Apple probes iPhone explosion reports: EUReuters - Wednesday, August 19 Exploding iPhones 'isolated incidents', say AppleAFP - Wednesday, August 19 EU invests millions in high-speed mobile internetAFP - Wednesday, August 19 Enlarge Photo Customers at a cafe download music onto their iPods. Compact discs accounted for 65 percent of US music sales in the first half of 2009 but digital downloads are expected to nearly equal CD sales by the end of next year, market research firm NPD Group said Tuesday. Related Photos Slideshow Full Photo Coverage: Internet Portals & Search Engines Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed UK UFO sightings spiked when blockbusters released Michael Jackson's 51st birthday to be his burial day: father In death, as in life, Jackson surrounded by wackiness Eternal resting spot next to Marilyn Monroe to be auctioned Millions of salmon fail to turn up in Canada View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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