For the week ending May 30, the U.S. music industry sold a total of 4,984,000 albums, according to Nielsen Soundscan. This figure, which includes new and catalog releases, represents the fewest number of albums sold in one week since Soundscan began compiling this data in 1994.
The music industry, of course, screams piracy is the reason for these dismal sales. But really it has nobody but itself to blame. For years CDs were overpriced. With the advent of home CD burners, they became easy to copy. People copied CDs because they were priced too high. If a CD only cost $5, I figure many people wouldn't go through the hassle of getting blank disks and copying. They could get a commercial CD, with album art at a very reasonable price. But now, especially with music available via download, it's too danged late.