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Cd Sales Decline

690 Words3 Pages

For the past few years, CD sales, with a shovel in hand, have been preparing a grave to lie in for when the impending takeover by cheaper music sources finally happens. In the article “The Death of Music Sales” written by Derek Thompson, the issue at hand is whether or not the use of CDs will become less and less every year until they are gone altogether. The use of CDs has not completely diminished, but it is on its way to doing so. CD sales are declining because for a long time iTunes has made it easier to buy music, and now online music streaming sites are making it cheaper to hear any song you could possibly want, also CD sales are being trumped by the growing amount of sales of vinyl records.
On April 28, 2003 when Apple Incorporated …show more content…

More and more people are turning to online music streaming on sites and apps such as Pandora, Spotify, iHeartRadio, and SoundCloud, to name a few. In 2013 SoundCloud reached 200 million active listeners, while in more recent years Spotify brought in over 60 million, and Pandora roped in a whopping 76.5 million listeners. The total amount of listeners for these three sites is 336.5 million, which is 199.5 million more than the 141 million CDs sold in the U.S. last year. If the amount between online music streaming sites and CDs continues to increase, those polycarbonate plastic discs may soon become obsolete. Some streaming sites offer users the option to pay a subscription to do away with adds; if you’re not able to afford it, watching a few adds in-between songs still beats paying $14.99 for a …show more content…

On the rise once again are vinyl records. It is said that certain trends come and go in cycles; well the hipsters are bringing vinyl back in full force. The sale of vinyl LPs are up 51 percent after having sold nine million two hundred thousand just last year. The overall impact of vinyl sales in the music market is minimal. Even though the CD market is 15 times larger than the vinyl, that doesn’t mean it will stop hipsters from flocking to the nearest record store, as long as it isn’t too mainstream of course, and aiding in the uprising sale of the classic vinyl record. As long as hipsters keep snatching up records, they give the grandfather of the CD a chance to be top dog once

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