Friday, January 04, 2008

Total Music Purchased Up 14% In 2007

From FMQB:

Nielsen SoundScan has released its annual year-end sales figures, and while total overall music purchases were up, album sales continued their steady decline in 2007. Overall music sales; which combines albums, singles, music videos and digital tracks; increased to 1,369,000 from 1,198,000 with a 14 percent increase. While overall album sales (which includes 'track equivalent albums') fell by 9.5 percent, total album sales were down by 15 percent from 588.2 million to 500.5 million. The purchasing of physical CDs online grew by 2.4 percent. Also, 20 percent of total album sales for the year took place in the last six weeks of 2007.
Link

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