Business
25,000 CD titles sold fewer than 1,000 CDs in 2004
InStat quotes Dave Kusak and Gerd Leonhard, co-authors of a book titled The Future of Music: Manifesto for the Digital Music Revolution. Of 30 thousand CD titles that were released in 2004, only 400 titles sold more than 100 thousand units, and 25 thousand titles sold fewer than 1,000 CDs.
InStat quotes Dave Kusak and Gerd Leonhard, co-authors of a book titled The Future of Music: Manifesto for the Digital Music Revolution. Of 30 thousand CD titles that were released in 2004, only 400 titles sold more than 100 thousand units, and 25 thousand titles sold fewer than 1,000 CDs. The big recording companies lose money 98.7% of the time.