Suggesting reports of the compact disc’s demise may have been greatly exaggerated, sales of music CDs are on the rise again. According to Nielsen SoundScan, Americans bought nearly 300,000 CDs in the first quarter, up 8.5 percent from a year earlier.
The sales uptick, which actually began near the end of last year and has since held steady, means 2004 could see the first increase in CD sales in two years. The growth comes amid signs that the rate at which consumers buy from online music stores like iTunes, an Apple Computer service, appears to be flattening.
“The CD was supposed to be gone by now,” said Geoff Mayfield, a senior analyst at Billboard magazine, referring to recent prognostications. “But I suspect people are going to be buying CDs for a while yet.”
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