- total music sales slipped $624 million, despite a $1 billion increase in online sales from 2005;
- online music adoption grew 93 percent during same period;
- retail music sales totaled about $18 billion globally, down 8 percent;
- digital music sales were $1.2 billion and mobile audio sales were about $850 million;
- online music represents roughly 7 percent of total music sales (CDs, paid music downloads, and online music subscriptions), up from 3 percent in 2005;
- approximately 582 million songs were downloaded, up 65 percent; and,
- 54 songs sold more than 500,000 digital copies (went Gold) and 11 albums sold more than 100,000 downloads; compare this to 22 songs and three albums in 2005.
Note: this figures do not count ring tones as music.
Source: Nielsen Soundscan, Maxim Group LLC.
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7 comments:
This shows how the internet/downloads are skyrocketing. Album sales are decreasing because a lot of people have iTunes or are just downloading songs. I'm not one bit surprised.
Considering how much music my kids download, I am not surprised at these numbers.
@jess-I am still stuck in the album/ cassette/CD phase. I am afraid to start another mode of music.
@karen-Do your kids pay for the music? I know there is a lot of free music on the indie sites.
Happy Earth Day, y'all.
Happy Earth Day to you too! :)
With mp3 ringtones these days, I think they should count as part of music sales! They're pretty much full songs!
Music hasn't exactly been thrilling lately anyways.
@jon lee-I agree that they sound like entire songs.
@sir jorge-Its a shame that music is not keeping up with the technology. I expected music to be very different by now. Instead, the songs I grew up with are being remade. If I hear the Stones as elevator music, I will lose my mind.
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