Digital Music Sales Continue to Grow
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Physical CD sales continue to drop, but sales of digital music are surging, according to data from Nielsen SoundScan. Digital music sales increased by 49 percent to 417 million.
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MacCentral - RealNetworks Inc. said on Tuesday that it has sold more than a million songs at its online music store since slashing prices last week as part of a limited-time sale aimed at growing the user base of its new digital media software.
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Music sales last year are expected to be down by 10% despite the growing popularity of the digital music market.
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Sales of portable MP3 digital-audio players are booming and are set to generate US&#36;58 billion in revenue worldwide by 2008, according to a new study from research firm IDC.
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$160m cash purchase to propel digital music market entry
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As physical CD sales continue their  free fall, digital downloads again reached record sales figures  for the year.
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Sales of legally downloaded songs shot up more than tenfold in 2004, a music industry report says.
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Country music fans continue to be a fickle bunch. Country sales were up 12 percent last year, with three albums among the year's overall top sellers &#151; a good year on Music Row.
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EMI, home to artists such as Robbie Williams, Radiohead and Norah Jones, reported explosive growth in digital music sales yesterday and said it was winning the battle against piracy.
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Sales of portable digital-audio players are booming, and IDC predicts the market will generate $58 billion by 2008. The research firm says Apple&#39;s iPod will continue to be a major participant
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Led by Usher's blockbuster release "Confessions," U.S. album sales rose nearly 2 percent in 2004 -- posting their first gain in four years even as digital music downloads continued to explode, Nielsen SoundScan reported on Wednesday.
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The online retailer continues to accelerate its growth levels.
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The music industry continues to  build bridges between the digital and physical world.
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Digital music, distributed online or by mobile networks, accounted for $2.9 billion in sales worldwide, up from $2.1 billion a year earlier, the industryâs international trade group said.
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LONDON -- Record companies' revenue from digital music sales rose 40 percent to $2.9 billion over the past year, but the growth is still failing to cover losses from collapse of international CD sales, the music industry's global trade body said Thursday.
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Online retail sales continue to show significant growth, according to the latest figures released by the US Department of Commerce.
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Apple Computerâs iTunes Music Store sold its 150 millionth song in mid-October, another milestone in its push to stay ahead of digital music rivals such as Microsoft and Dell.