In 2008, album sales went down in contrast to the digital business, which showed growth but also slowed in comparison to last year.
Reuters reports that total album sales fell 14 percent to 428.4 million units during the 52-week period ended December 28. This follows the downward trend for the industry in the since 2000. This year, the industry as a whole faced an economic recession. Although digital downloads have gained ground over the years, digital track sales rose 27 percent to a record 1.07 billion units, but the growth was slower than the 45 percent jump in 2007.
But what do they expect people to do when times are tough?Read more...
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