Last year, digital singles outsold plastic CD’s for the first time. So far this year, sales of digital songs have risen 54 percent, to roughly 189 million units, according to data from Nielsen SoundScan. Digital album sales are rising at a slightly faster pace, but buyers of digital music are purchasing singles over albums by a margin of 19 to 1.
Sadly, it’s hard to ignore the fact that CD sales are declining rapidly. Despite being a tech geek, I am impressed with how well digital music sells. I’m old school… I like to see my collection grow, and I still purchase a few CDs each month.
Source: NY Times