Month: November

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There will be a full block of rock this holiday season. AC/DC and Metallica's albums have sold with descent success. And retailers are expecting releases from Fall Out Boy, Guns n' Roses, Nickelback, and the Killers to be potential blockbusters. While U2, Dr. Dre, and Jay-Z's albums have been pushed back to next year, also due out are Kanye West, Beyonce, 50 Cent, Britney Spears, David Cook, and possibly Eminem. But most retailers do not believe that this will improve the state of the grim sales that have been going on the the record business. Sales have fallen 36% from 2000 to 2007. Industry decline along with the current economic situation make for a bleak outlook. Walmart is downsizing its shelf space for music. Circuit City is closing down 155 stores. There is still hope with the mild success of AC/DC and Metallica's albums, the people still want to rock.