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quarta-feira, outubro 05, 2005
The digital music market has more than tripled in a year
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The digital music market has more than tripled in a year, and that has helped offset a continuing decline in sales of CDs and other physical formats.
Spurred by the iPod revolution, digital music sales totaled $790 million in the first half of this year, equivalent to 6 percent of industry sales, the International Federation of the Phonographic Industry estimated in a report Monday.
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 music sales figure in the IFPI report was based on record company estimates. It includes purchases of individual tracks online, music subscription service fees, and sales of full-length tracks and clips of master recordings for mobile phones. The tripling in digital music sales 'indicates more consumers are turning to the Internet as a source of music and wireless music services as a source of music as well,' said Susan Kevorkian, a research analyst with IDC.
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, IFPI said in Monday's report. Sales of physical formats fell 6.3 percent by value in the period to $12.4 billion, it said.
That partly reflected pressure on prices: CD sales were down 6.7 percent in value but only by 3.4 percent in unit volume. DVD music video sales fell 3.1 percent in value and 1.6 percent in units."
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InformationWeek > Digital Music > Digital Music Accounts For Growing Piece Of Global Market > October 4, 2005: "
The digital music market has more than tripled in a year, and that has helped offset a continuing decline in sales of CDs and other physical formats.
Spurred by the iPod revolution, digital music sales totaled $790 million in the first half of this year, equivalent to 6 percent of industry sales, the International Federation of the Phonographic Industry estimated in a report Monday.
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 music sales figure in the IFPI report was based on record company estimates. It includes purchases of individual tracks online, music subscription service fees, and sales of full-length tracks and clips of master recordings for mobile phones. The tripling in digital music sales 'indicates more consumers are turning to the Internet as a source of music and wireless music services as a source of music as well,' said Susan Kevorkian, a research analyst with IDC.
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, IFPI said in Monday's report. Sales of physical formats fell 6.3 percent by value in the period to $12.4 billion, it said.
That partly reflected pressure on prices: CD sales were down 6.7 percent in value but only by 3.4 percent in unit volume. DVD music video sales fell 3.1 percent in value and 1.6 percent in units."
...
InformationWeek > Digital Music > Digital Music Accounts For Growing Piece Of Global Market > October 4, 2005: "
posted by CMT, 12:43 da manhã
