As if the news from Wall Street, Detroit, and Starbucks was not bad enough, DigitalMusicNews.com is reporting that CD sales have now fallen to less than half the number of CDs sold in their peak year, 2000. In 2008, CD sales were down 54.6 percent from 2000, or a giant 514.6 million units less. Soundscan counted over a billion "a la carte" downloads last year from digital services like iTunes and Amazon.com. Now a billion singles sounds like a lot, but it is not even close to making up the reven
You can apply this graph to a myriad of possibilities in today's economy, but let's stick to music sales for nowThe Future of Music Coalition Policy Summit took place this past Sunday through Tuesday in Washington, D.C. and the news coming out of everything was music sales in 2008. Specifically, that of 115,000 albums released last year, only 110 sold more than 250,000 copies. This should not come as a surprise, but that number is incredibly dismal -- and it solidifies that artists will
