Prediction: CD Sales Down 50 Percent

A UK recording exec says CD sales will be half what they are now in three years. “We figure the value of CD sales will be 50% less in three years than it is now. We predict digital growth of 25% per year, but it is not enough to replace the loss from falling CD sales. By 2010 we will be 30% behind in terms of revenues. We have to reinvent.”