Get ready for some news that will blow your fucking mind. Ready? CD sales are down. I know! Down? How could this be? The execs at Atlantic Records feel the same way. Seems during Q4, Atlantic Records had 51% of all sales come from non-physical sources like iTunes sales and ringtones. The New York Times found it “shocking,” so what does this mean for us? It means more and more people are transitioning to iPods and MP3s over Walkman and CDs.
NBC Universal’s Jeff Zucker sums it up nicely, calling the transition “trading analog dollars for digital pennies.” Touche.