The NPR Radio cast by Neda Ulaby had people wondering what state the music industry was in; but also, the question facing musicians and their labels. These questions came up because of the mid year music sales report, and it's not good. CD sales from January to July have suffered a nine percent drop compared to last year, and a seven percent drop for all of last year. People buy music online but ten times that amount gets downloaded for free. The artist Ne-Yo sold over two million tracks online, but he says he is just "Trying to create a piece of art." It's great that the musicians do not care about what they make on their music, but the record companies do. The music industry needs to entice consumers back to physical goods, like high definition CD's, dual disks, and the new technology of interactive disks. Experts predict that in ten years physical merchandise will still make up sixty percent of music sales. But who knows what will actually happen, when more and more people will be downloading music for free?
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Although record companies suffer from digital sales of music, it's still a good idea, because then the artist is making money, which is what the artist deserves. This could be a horrible blow to record companies, though, if more and more musicians start following this trend. A good side to this, though, is that is people can purchase music online, it may decrease downloading it illegally, or at least a little bit. Whichever way it goes, this method of selling music is going to have its advantages and disadvantages, but do the advantages aoutweigh the disadvantages?
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