IFPI: Digital Music Sales Up 40%, Total Music Sales Down 10%
Date : 2008 01 25 Category : Web News
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Releases 2008 Digital Music Report which says, among other things, that govts and ISPs must begin to "take responsibility" and protect creative content.
The International Federation of the Phonographic Industry(IFPI) released its annual Digital Music Report yesterday and it paints a somber picture of an industry still in crisis mode. It says that the music industry's revenue from digital music sales rose some 40% over the past year, but the growth is still failing to cover losses from the collapse of international physical CD sales.