Tuesday, January 6, 2009
Music Sales up 10% in 2008
According to Nielsen SoundScan, music sales have increased 10% year-over-year since 2007. The growth in sales is mostly attributed to digital sales, which are up 10%, but can also be attributed to vinyl sales, which are up 89% (though they make up a much much smaller part of the market). Of course the death of physical cds continue to linger with their sales being down 14% from 2007. For a more in depth look check out this article.
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