Don't let the digital music boom pass you by - We are accepting digital sign ups now!
While digital music sales are increasing, physical sales (cd's) are dropping.
MEDIALINE has the following report:
Increased demand for legal music downloads and mobile phones worldwide nearly offset the decline in physical formats as recorded music sales globally fell 1.9 percent ...
digital music sales ... amounted to approximately US$790 million, up from US$220 million in the first half of 2004. This is the equivalent of 6 percent of total record industry sales.
The U.S. saw a drop in physical sales of 5.3 percent in value and 5.7 percent in units, but a counterbalancing strong increase in digital music sales. Sales of single track downloads alone in the U.S. were up almost threefold in the first half of 2005 compared to the same period in 2004, totaling 159 million units, stated IFPI, citing Nielsen SoundScan.
The digital music business is so far being driven largely by the world's top five markets U.S., Japan, U.K., Germany and France but is expected to spread rapidly and will benefit many other markets in the coming months.
If you're an independent artist, band or label, you don't have to wait until the sizzle is off of increasing digital music sales. We are accepting digital signups now!