Music sales are following the trend established over the oast several years: Digital Sales Up, Physical unit sales down, and overall revenue sliding further.
• Total album sales fell to 428.4 million units, a drop of 8.5% (2007 = 500.5 million).
• Physical album sales fell 20% to 362.6 million (from 450.5 million)
• Digital album sales rose 32% percent to 65.8 million units;
• Digital track sales were up 27%, breaking the 1 billion mark for the first time at 1.07 billion.
• Total transactions rose 10.5% to 1.5 billion;
• All Genres saw losses: Classical music dropped 26%; Country fell 24%; Latin was off 21.1%;
• Vinyl album sales also grew with 1.88 million vinyl albums purchased for the year.
Read on...
Peacenik was surprised to see that Neil Diamond is still alive.
• Total album sales fell to 428.4 million units, a drop of 8.5% (2007 = 500.5 million).
• Physical album sales fell 20% to 362.6 million (from 450.5 million)
• Digital album sales rose 32% percent to 65.8 million units;
• Digital track sales were up 27%, breaking the 1 billion mark for the first time at 1.07 billion.
• Total transactions rose 10.5% to 1.5 billion;
• All Genres saw losses: Classical music dropped 26%; Country fell 24%; Latin was off 21.1%;
• Vinyl album sales also grew with 1.88 million vinyl albums purchased for the year.
Read on...
Peacenik was surprised to see that Neil Diamond is still alive.
