Digital music isn't halting CD sales decline

Digital music sales doubled in 2006 thanks to better distribution, but the rise hasn't made up for the decline in CD sales

Digital music sales doubled in 2006 thanks to better distribution, but the rise hasn't made up for the decline in CD sales, the International Federation of the Phonographic Industry (IFPI) said on Wednesday.

Revenue is expected to come in at US$2 billion for the year, accounting for about 10 percent of the total music market, the IFPI said in its Digital Music Report 2007.

IFPI attributed the growth to a wider range of digital music products and a doubling of the number of tracks available to four million.

The recording-industry trade group blamed music downloads from peer-to-peer networks as a continuing problem, although it said lawsuits against file-sharers and file-sharing networks have acted as a deterrent. The organization said 10,000 legal actions were taken in 18 countries in 2006.

Research shows 14 percent of portable device owners usually get their content from legal sites, but the same percentage use peer-to-peer networks for unauthorized downloads. Overall, however, IFPI said a relatively low level of music stored on devices had been purchased.

Apple Computer's iTunes Music Store was the most popular download service, although consumers saw a wider range of options for digital music throughout the year, including subscription services and ad-supported models offering content for free. Five hundred online services are operating in 40 countries, it said.

Single-track downloads brought in the highest revenue, growing 89 percent to US$795 million, IFPI said.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jeremy Kirk

IDG News Service
Show Comments

Essentials

Brother MFC-L3745CDW Colour Laser Multifunction

Learn more >

Mobile

Exec

Sony WH-1000XM4 Wireless Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?