Music Industry Happy About ‘Least Negative Sales’ Since 2004

This week marked the release of “Recording Industry In Numbers” for 2011. And we’re reaching the tipping point, where the decline in physical sales is almost completetly equalized by the gain in digital sales.

Three key findings:

  • The IFPI credits new services like Spotify, iTunes Match and Facebook integration with helping the U.S. music market finish the year flat.
  • The industry has successfully lobbied some national governments to introduce graduated-response anti-piracy measures.
  • In their wake, growth in downloads has continued apace and unlimited-access operators like Rdio, Mog, Spotify and a reborn Rhapsody are bringing a new revenue model to the party that, supposedly, does not cannibalise downloads.

Read the article here.

Advertisements

Tags: , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: