IFPI: Music CD sales continued sharp decline in 2007
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In what could be perceived as a signal of a thaw in relations between the recording industry and digital music technology, this morning's annual report from its chief international representative points to a turnaround in the piracy problem.
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Research firm NPD Group says that, while Apple Computer&#39;s ITunes service remains the clear market leader in the sector, the number of paying customers using such services has declined since April.
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Sales of music fell at a faster rate in 2007 than 2006 despite digital sales soaring, and the gatekeepers of the Web must act if the industry is to beat piracy, the international trade body said on Thursday.
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A report on Apple iTunes by U.S.-based market consultant Forrester Research has found that the online music and video store recorded a major drop in sales.  Daily Variety said the report on more than 2,700 U.S.
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Though CD sales are down in the UK, a large increase in music downloads is picking up the slack.
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The Number Two online music retailer reports record downloads to close out 2007.
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DVD sales might have  slipped in 2007, but another key segment of the home  entertainment market had a banner year: video games.
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Sales of music fell at a faster rate in  2007 than 2006 despite digital sales soaring, and the  gatekeepers of the Web must act if the industry is to beat  piracy, the international trade body said on Thursday.
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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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Global sales of recorded music fell for a fourth consecutive year in 2003, according to figures released Monday by the International Federation of the Phonographic Industry.
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The music industry reversed a four-year decline as album sales rose slightly in 2004 while overall music sales spiked thanks to a huge increase in digital track sales, according to Nielsen SoundScan.
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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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The CD will remain the dominant format for music distribution in Europe at least until the end of the decade, according to a new study.
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Rilevazioni di Audiradio del primo semestre 2007
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While sales of physical  albums plummeted during the first nine months of 2006, big  increases in the demand for digital tracks and albums have kept  the overall music business in line with last year's totals.
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LOS ANGELES (Billboard) - The holiday mood at independent  music retailers is one of cautious optimism, despite Nielsen  SoundScan numbers showing that overall sales at U.S. indie  merchants were down 7.1% from last year as of Nov. 28.
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A swing to growth in U.S. album sales  and surging consumption of music on DVD helped slow the decline  in first-half global sales of recorded music, the trade body  for the world's largest record companies said Thursday.