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Thread: $790m spent on digital music in H1

  1. #1
    HEXUS webmaster Steve's Avatar
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    $790m spent on digital music in H1

    We steal so much music that over three quarters of a billion dollars has been spent on digital music in the first half of this year.
    Excluding "retail margins", digital sales totalled $440m, IFPI said. On that basis, around 44 cents in every dollar spent on digital downloads went to the retailers, more than the 33 per cent Apple was originally exposed to be making.

    But if digital sales were on the up, physical media revenues continued to slide, down 6.3 per cent year on year to $12.4bn worldwide. Unit sales fell 6.6 per cent. Singling out CDs for further attention, sales were down 6.7 per cent by value, 3.4 per cent by units.

    Overall, the global recorded music market fell 1.5 per cent to $13.2bn from $13.4bn.
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    Not to be nitpicky, but isn't "H1" supposed to be "Q1" (in title)?
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