Wednesday, November 21, 2007

Average Briton Buys Less Than One Digital Track Per Year

From Andrew Edgecliffe-Johnson, Financial Times:

Retailers are urging the music industry to drop piracy protection for online downloads after new figures showed the average Briton has bought fewer than three digital tracks in the past three years.

Incompatible proprietary technologies, aimed at defeating rampant piracy in the digital music era, are instead “stifling growth and working against the consumer interest”, said Kim Bayley, director-general of the Entertainment Retailers Association (ERA).

Her warning comes as high street retailers and digital music specialists watch pre-Christmas sales trends nervously. The music industry makes at least 40 per cent of its revenues in the fourth quarter, but the traditional sales build-up has started later than usual.

Although Leona Lewis – the X Factor winner backed by Simon Cowell’s Syco label – this month notched up the highest first-week album sales for a debut artist, album volumes are down 11 per cent, or 12m units, for the year to date, according to the Official UK Charts Company and Music Week.

Link

No comments: