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Digital Music Sales Save Industry
Posted by Anthems Staff on: Friday 5 January 2007

Music Downloads

Digital music sales continue to boost the flagging music industry as albums sales drop for the seventh consecutive year.

A whopping 581.9 million digital tracks were sold last year compared to 588.2 million albums - a figure down by 4.9%

However, while hits were created -- Daniel Powter's "Bad Day," Gnarls Barkley's "Crazy," Shakira's "Hips Don't Lie" -- no top-selling artists generated follow-ups that did significant business.

In market share, Universal Music Group remained No. 1 with 31.6%; Sony BMG Music Entertainment came in at 27.4%; Warner Music Group had 18.1%; and EMI held onto 10.2%.

Digital continues to make inroads as the number of albums sold as downloads doubled from 2005. Current albums represented 18.6 million units sold, a rise of 93.7%; 14 million catalog albums were scanned, a 108.9% spike; and 9.8 million deep catalog albums were downloaded, a 104.2% rise.

Digital albums represent 5.5% of all albums sold. Warner Music continued to build on its digital market share, rising 1.72% to 23.29% of the digital album universe. UMG is at 27.4% of all digital album sales, Sony BMG 24% and EMI 10%.






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