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Thursday, 09 August 2007
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Written by
Jerry Del Colliano
The
RIAA has released their 2006 sales report for recorded music, and the
downward trend continues for yet another year. Overall sales are down
0.6 percent to 12.27 billion, which is slightly misleading because the
RIAA is now counting the lucrative, new market of cell phone ringtones
in their overall sales numbers. Without ringtones in the mix, overall
music sales slipped even further in 2006. The low-resolution,
audio-only Compact Disc format continues to age, leaving today's kids
buying video oriented DVDs, high-definition video games and all sorts
of content for their handheld devices such as, cell phones, PDAs and
beyond.
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