Global music sales fell around 10 pct in 2007

Thu Jan 24, 2008 5:59am EST
 
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Global digital music sales were estimated to be approximately $2.9 billion in 2007, a roughly 40 percent increase on 2006, and single track downloads, the most popular digital music format, grew by 53 percent.

Digital sales now account for an estimated 15 percent of the global music market, up from 11 percent in 2006 and zero in 2003. In the United States, online and mobile sales now account for 30 percent of all revenues.

(Editing by Quentin Bryar)

 
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