CD sales rise despite downloads

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AS DIGITAL music hogs the headlines, the humble CD has made a comeback at the cash register. However, music retailers may still be feeling the pinch. Figures released by the Australian Recording Industry Association yesterday show an increase of almost 8 per cent in the volume of wholesale physical music products, such as CDs, in 2006 compared with 2005, despite a decrease of more than 5 per cent in overall revenue.
“People continue to be interested in music, although the average value of CD sales is continuing to decline,” Mr Peach said. “At a time when the CD seems to be dying, we are selling more units than ever before, although [the retailers] are needing to sell more and more CDs to earn less money.”

Reach for the stars … Isabella Previtera, 8, and her sister Adrianna, 5, of Greenacre, browsing through the CDs at a record shop in Leichhardt yesterday.While Australians are buying more albums on CD, sales of CD singles have almost halved. While wholesale CD sales in 2006 totalled more than $421 million, wholesale digital music sales totalled $27.8 million. Track downloads, videos and music ring tones made up almost 50 per cent of the overall digital market in 2006.

Photo [Left]: Reach for the stars … Isabella Previtera, 8, and her sister Adrianna, 5, of Greenacre, browsing through the CDs at a record shop in Leichhardt yesterday.
Lisa Wiltse

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