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Online CD sales rise fourfold in two years. (news).

Music Week

| September 07, 2002 | COPYRIGHT 2002 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Online music retailers' share of the CD albums market has risen almost four-fold in just two years, with one in 20 single-disc releases now being bought over the internet.

That is the verdict of the latest BPI-commissioned buyers survey by Taylor Nelson Sofres, which reports that 5.2% of one-disc CD albums purchased during quarter two this year were made online compared to just 1.4% in the equivalent period two years ago.

However, BPI research director Chris Green argues the growth has "not perhaps been as rapid as many originally anticipated" with the supermarkets instead claiming the biggest surge in music sales. They now account for almost 16% of album sales, according to the study.

Taylor Nelson Sofres account director Michal Tarlowski suggests the internet may have slowed because it is now behaving more like a mature sector after early rapid growth in its early years.

The rise of the online and supermarket ...


    
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