Quote:
Originally Posted by Kali Yuga
that does not seem to be the case for the music industry so far, which has faced lost sales year after year after year, despite offering DRM-free content for about 2 years now.
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http://www.marketingcharts.com/direc...es-slump-3197/
■Global digital music sales are estimated at approximately $2.9 billion in 2007, a roughly 40% increase on 2006 ($2.1 billion).
■Single-track downloads, the most popular digital music format, in 2007 grew 53% to 1.7 billion (including those on digital albums).
■Digital sales now account for an estimated 15% of the global music market, up from 11% in 2006 and zero in 2003.
■In the world’s biggest digital music market, the US, online and mobile sales now account for 30% of all revenues.
■The music industry is more advanced in terms of digital revenues than any other creative or entertainment industry except games. Its digital share is more than twice that of newspapers (7%), films (3%) and books (2%).
■There are more than 500 legitimate digital music services worldwide, offering over 6 million tracks - over four times the stock of a music megastore.
■Tens of billions of illegal files were swapped in 2007. The ratio of unlicensed tracks downloaded to legal tracks sold is about 20 to 1.