Tuesday, July 31, 2007

Music Market in 2006

Some good data from IFPI on the music market.


http://www.ifpi.org/content/library/music%20market%20sales%20data%202006.pdf

or summary

http://www.ifpi.org/content/section_news/20070417a.html



2006


  • Digital music formats 586 million digital singles (60 percent increase) 28 million albums (103 percent increase)

  • Retail value of the U.S. record industry was $11.5 billion in 2006, a 6.2 percent decline compared to 2005.

  • 615 million CDs shipped to retail and specialty outlets in 2006, a 12.8 percent drop from the previous year.

The following article says that the ringtone market (considered as music download by IFPI) was a $600M market in 2005.

http://www.usatoday.com/life/music/news/2006-01-25-ringtones_x.htm

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