iPod Nation

Digital sales triple to 6% of industry retail revenues as global music market falls 1.9%

Who are the defenders of the compact disc? Does this make you optimistic about the DVD music format?

from the article:

- Physical music sales in the first half of the year, by contrast, fell by 6.3% in retail value to $US 12.4 billion, and by 6.6% in units, compared to the same period of 2004.

- In North America the US saw a drop in physical sales of 5.3% in value and 5.7% in units, but a counterbalancing strong increase in digital music sales. Sales of single track downloads alone in the US were up almost threefold in the first half of 2005 compared to the same period in 2004, totalling 159 million (Nielsen SoundScan).