To date an incredible 20 billion CD's have been sold. The golden year for CD's was in 2000. That year almost 2.5 billion of the shiny things were sold Worldwide. However by 2006 that figure was already down to just over 1.7 billion.
Digital downloads are already taking their toll. The International Federation of the Phonographic Industry predicts that at least 25% of the market will be downloads by 2010. And beyond that ? Well at that rate of growth there will inevitably be a tipping point in the next 5 years or so which could leave CD's as redundant as the vinyl it originally killed off. What goes around comes around I guess ...
Steve Blakeman
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Member since: 03 Jun 2008
Last login: 27 Oct 2008
Total Posts: 59
