15 months till digital rules

By Geert De Lombaerde Posted on August 18, 2009 at 11:17 am

An NPD Group study says the pace of growth in online music sales and the continued crumbling of the CD market will cross path by the end of next year.

When it comes to the unit-sales volume of music sold at retail – including paid digital music downloads and CDs – Apple iTunes leads in the U.S. with 25 percent of music units sold, which is up from 21 percent in 2008 and 14 percent in 2007. Walmart (including Walmart.com) remains in second position with 14 percent of music volume sold. Best Buy ranked third.

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Tags: consumer spending, entertainment industry, iTunes, music business, NPD Group Inc., online music  

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