By The Numbers: Digital Music Sales Hit New High
Weekly U.S. digital track sales set a new record Dec. 22- 28 with 47.7 million sold
- That’s a 126% jump from the prior week
- Why the increase? Filling up iPods and redeeming download cards received as gifts
- Digital sales were up 27% from 2007
- 1.07 billion tracks were sold in 2009
stats from SoundScan via Billboard
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The transition from physical sales to digitally monetising music was never going to be easy, but due to record companies and digital start-ups listening to consumers, we now see excellent progress.
2009 is likely to see further development in free music streaming and paid download services offering increased value for music lovers, while respecting the rights of artists to be paid for their work.
Steve Purdham
CEO – We7
http://www.we7.com