Digital Tunes Not Making Up for CD Slide

Yet another thing for the music industry to be upset about. According to the RIAA, sales of music CDs fell 12.8 percent last year, which is greater than the 8.1 percent loss experienced in 2005.

While the optimistic among us would point to the rise of digital download services like iTunes as the reason, that's only part of the picture. Digital purchases did increase by over 74.4 percent--albums more than doubled in sales, and song sales rose 60 percent--but those gains were not able to compensate for the overall picture. All in all, music sales were down by 6.2 percent, and of the $11.51 billion the industry made, only $878 million can be attributed to digital song sales. OK, let the "p" word fly (piracy, for those of you who haven't had your morning joe).

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