Friday, June 1, 2012

DIGITAL REVOLUTION: DOWLOADS OUTSELL CDs


The digital revolution in the U.K. is in full force and now the British trade organization, BPI, has announced that digital sales have passed CD sales for the fist time.

NME.com reports that digital sales, which includes downloads and subscriptions to sites like Spotify and Napster, has reached 55.5% of total sales. The increase in digital sales was measured at 23.6%.

Music Week quotes BPI Chief Executive Geoff Taylor as saying: “This is a significant milestone in the evolution of the music business. U.K. record labels have embraced digital to their core, supporting innovation and licensing more new online and mobile services than any other country. As a result, the industry’s prospects for growth look brighter than for several years.”

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