British Phonographic Industry Release 2005's First Quarterly Review
New research suggests the addition of downloads to the Official UK Singles Chart will lead to "a new golden age" for the singles market, according to record companies trade association the British Phonographic Industry.
Record labels are under starters orders for the addition of downloads to the singles chart, the most dramatic change to the Official UK Singles Chart for 20 years.
Data for the new-look chart will be collated from this Sunday, April 10, and on April 17 the first number one in a combined physical singles and downloads chart will be revealed live to millions on the BBC and commercial radio stations.
With download sales topping 300,000 a week and growing rapidly, their addition to the singles chart will almost double the volume in the market. A year ago download sales were running at less than 20,000 a week.
At the same time new research published by the BPI from market research company TNS suggests the addition of downloads will also broaden the market for singles.
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» BPI Release 2005's First Quarterly Review