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Jan. 6th, 2005 12:50 pm
(no subject)
In an article about how music sales jumped significantly from last year:
Overall music sales -- which includes albums, singles and digital tracks -- increased to 817 million last year, up from 687 million in 2003. It marks the first time since 2000 that overall music purchases went over 800 million, Nielsen SoundScan reported.
"There were 817 million decisions made to purchase music in 2004," Rob Sisco, president of Nielsen Music, told The Associated Press on Wednesday. "That's a number that we haven't seen the likes of in years."
Much of it was attributable to an explosion in digital track sales; in 2003, 19.2 million tracks were sold, while 141 million were sold last year, Nielsen SoundScan said.
"The iPod and other carriers of digital tracks are really important in ramping up digital distribution," said Geoff Mayfield, director of charts and senior analyst at the music trade magazine Billboard. "It's very promising that the category has grown as much as it has, and the recent growth has been almost startling."
Sisco noted that digital music sales did not adversely effect the sales of CDs.
My Note: Digital music sales jumped 121.8 million units. The overall jump was around 130 million. And here everyone said that digitizing music would hurt the sales of CDs!
Overall music sales -- which includes albums, singles and digital tracks -- increased to 817 million last year, up from 687 million in 2003. It marks the first time since 2000 that overall music purchases went over 800 million, Nielsen SoundScan reported.
"There were 817 million decisions made to purchase music in 2004," Rob Sisco, president of Nielsen Music, told The Associated Press on Wednesday. "That's a number that we haven't seen the likes of in years."
Much of it was attributable to an explosion in digital track sales; in 2003, 19.2 million tracks were sold, while 141 million were sold last year, Nielsen SoundScan said.
"The iPod and other carriers of digital tracks are really important in ramping up digital distribution," said Geoff Mayfield, director of charts and senior analyst at the music trade magazine Billboard. "It's very promising that the category has grown as much as it has, and the recent growth has been almost startling."
Sisco noted that digital music sales did not adversely effect the sales of CDs.
My Note: Digital music sales jumped 121.8 million units. The overall jump was around 130 million. And here everyone said that digitizing music would hurt the sales of CDs!
