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Unfortunately, it's not uncommon to learn of music stores closing shop nowadays, but when a major retailer with stores across the UK, Ireland and Canada goes into administration - the situation almost seems dire. HMV isn't just some regular music store - its seeds were planted in the late 1890s alongside the disc... Read more...
Although paid music downloads are certainly popular these days, CDs comprised 65% of all tracks sold in the first half of 2009 according to the NPD Group's MusicWatch survey. Paid digital music downloads increased from 30% market share in all of 2008 to 35% of tracks purchased by U.S. consumers in the first half of 2009. For the purposes of... Read more...