I Own My Music

Despite music pundits insisting that CD sales are dead and that filesharing is the only way people are getting their music, Lil Wayne’s new album Tha Carter III has sold by the bucketload since its release on June 10.

CD sales in the US have dipped by about 11% in the past year, thanks to filesharing and other ways of getting music, but that didn’t stop Lil Wayne shifting 423,000 units in a few days.

Predicted figures for the album put CD sales at anything up to and above one million. So people are still buying CDs and filesharing has yet to kill the music industry. Interesting.

Lil Wayne’s new album is more popular than the likes of Mariah Carey and Usher. This kind of reception to a hit album is rare and is perhaps something that the music biz can learn from. Despite Lil Wayne’s new album finding its way onto filesharing networks before its release, sales of Tha Carter III appear to have not been affected at all.