CMPSBCNews
Digital Music Accounts For Growing Piece Of Global Market

  • The digital music market has more than tripled in a year
  • Sales totaled $790 million in the first half of this year, equivalent to 6 percent of industry sales
  • That compared to $220 million in the same period last year
  • Recorded music sales fell 1.9 percent to a retail value of $13.2 billion in the first half of this year, compared with $13.4 billion in the same period last year
  • The digital boom, which now exceeds the value of the global singles market, was largely driven by sales in the top five markets--the United States, Britain, Japan, Germany, and France
  • Sales of physical formats fell 6.3 percent by value in the period to $12.4 billion, it said
  • Apple Computer Inc.'s iTunes online music store accounts for 82 percent of legal downloads in the United States.
  • The company has sold more than 500 million songs online
  • And about 22 million iPod digital music players

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