iTunes-purchased songs now account for 25 percent of the overall music market--both physical and digital--in the U.S., says an NPD Group report released Tuesday.
Digital music downloads have jumped in recent years, said NPD, hitting 35 percent of the overall market for the first half of this year, compared with 30 percent last year and 20 percent in 2007.
For the first half of 2009, iTunes itself snagged a 69 percent share of the overall digital music arena, trailed far behind by Amazon.com with 8 percent.
"The growth of legal digital music downloads, and Apple's success in holding that market, has increased iTunes's overall strength in the retail music category," said Russ Crupnick, entertainment industry analyst for NPD Group.
The CD, though, marches on.
Still, the days of the CD seem numbered.
"Many people are surprised that the CD is still the dominant music delivery format, given the attention to digital music and the shrinking retail footprint for physical products," said Crupnick.
Correction at 3:30 p.m.: The venerable audio CD is actually 27 years old.
How to Make Money Off the New Socialism
The smartest observation I've come across during our country's eight-month-long rush toward socialism came from the pot-smoking, gravel-voiced lead singer of Staind.
"Oh, you're one of those," observed Quivers.
I'm one of those, too.
I'm one of those who believe our economy has thrived by culling the herd: Let strong companies compete and prosper.
But fixing Detroit should never have been a national priority.
There is no way America will recover from this long-term economic crisis by borrowing from the Chinese to buy Chinese-made goods.
Happily for investors, there are great ways to play this.
Gold is my very favorite.
Then there's McDonald's (MCD).
How to Play the Death of Capitalism
By Dominic Patten
You could call it a cottage industry, but that would miss the point of the millions and millions of albums and singles that the Beatles have released and sold since they broke up in 1970.
Since they split, the Beatles have had a fairly steady series of releases -- and that’s just as a band, as solo artists, the greatest hits and compilations have come fast and furiously as well.
Now, some of these Beatles compilations, such as “Rock N Roll Music” and “Love Songs” were released by record companies without any imput or permission from the former Beatles.
Not that they didn’t have their fingers in other releases -- the band did agree to let Capitol Records put out “The Beatles at the Hollywood Bowl” in 1977.
And other compilations -- like the famed multi-platinum “Red” and “Blue” greatest hits albums that everyone seemed to have in the 1970s and the multi-disc “Anthology” series in the mid-1990s -- had the personal touch of the Fab Four all over them.
In fact, while the band released only 12 albums together, they have released over two dozen since calling it a day.
For good reason:
“Beatles 1,” released over 30 years after the band split, proved one of their most successful releases ever, selling over 31 million copies worldwide.
Which isn’t bad at all for what is, really" 1982’s "20 Greatest Hits," with George Harrison's “Something” added.
Ladies and gentlemnen, the complete post-breakup Beatles:
"1962-1966: The Red Album"
"1967-1970: The Blue Album"
"Rock N Roll Music" (re-released in 1980 as two volumes)
"Live! at the Star-Club in Hamburg, Germany"
"The Beatles at the Hollywood Bowl"
"The Beatles Collection" (box set)
"Reel Music" (Beatles music from their movies)
"20 Greatest Hits"
The first official US releases of the band’s early U.K. albums:
"Please Please Me"
"With the Beatles"
"A Hard’s Day Night"
"Beatles for Sale"
"Past Masters Vol. 1"
"Past Masters Vol. II"
"The Beatles Box Set" (the albums released in CD format)
"Live at the BBC"
"Yellow Submarine" (soundtrack)
"Let It Be … Naked"
"The Capitol Albums Vol. I"
"Capitol Albums Vol. II"