MusicDish e-Journal - April 19, 2018
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

Digital Is Driving First Half World Music Sales
By Mi2N
(more articles from this author)
2006-11-19
Comment | Email | Print | RSS

Sales of digital music in the first half of 2006 rose 106 percent to US$945 million when compared with the first six months of last year. Globally, digital sales now account for 11 percent of the total recorded music market worldwide, up from 5.5 percent in December 2005.

The US is still leading the digital revolution, with 18 percent of recorded music sales now being made through digital channels. Digital music sales in the US increased by 84 percent to US$ 513 million in the first six months of 2006.

Digital music also accounts for a significant part of the overall market in South Korea (51%), Japan (11%), Italy (9%) and the UK (8%).

The explosion in digital music services, spurred by consumer demand and a widening array of delivery channels, has seen online and mobile music sales grow from $US134 million in the first half of 2004 to US$945 million in the first half of 2006.

In Japan, Italy and Spain, mobile dominates the digital market, accounting for 85 percent, 76 percent and 78 percent of overall sales, respectively. Online downloading is more prominent in markets such as the UK, Germany and the US, where online sales account for 70 percent, 69 percent and 64 percent of digital sales, respectively.

Physical music sales declined in the first half period, down by ten per cent worldwide. This led to total music sales falling by four per cent in the period to $8.4 billion in trade values (US$13.7 billion in retail values). Piracy and competition for consumer spending contributed to the first half fall.

There was growth in some markets, such as Japan (12%), South Korea (5%) and Australia (6%), counter-balanced by declines in Germany (-4%), the US (-7%) and France (-9%).

Related News from Mi2N:
» Digital Is Driving First Half World Music Sales


Home » News Beat » Digital Is Driving First Half World Music Sales
Permalink:http://www.musicdish.com/mag/?id=11418
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» Live.me Launches Its First Live Musical Themed Content Series

» Warner Music Group Acquires Sodatone

» PPL and PRS for Music Launch Licensing Joint Venture

» Music Festivals And Conferences Pledge To Tackle Gender Inequality

» ICE and Facebook Reach Multi-Territory Music Licensing Agreement

News Beat Directory



» [2018-04-01] Live.me Launches Its First Live Musical Themed Content Series; You Need The Code Is Live.me's First Ever Live Stream Music Program Providing Users With 14 Hand-selected Independent Artists For Their Entertainment

» [2018-03-28] Warner Music Group Acquires Sodatone; Data Pioneers Choose Entrepreneurial Home For Industry-leading A&R Tool

» [2018-03-09] Round Hill Music And Zync Sign Madge To Joint Venture; JV Publishing Venture To Support And Expand Zync's Successful Rights Representation Business

» [2018-03-03] PPL And PRS For Music Launch Licensing Joint Venture; Licensing Of Music Played In Public Now Administered By New Leicester-based Joint Venture, PPL PRS Ltd

» [2018-02-27] Music Festivals And Conferences Pledge To Tackle Gender Inequality; Keychange Initiative Encourages Gender Balance In Music By End Of 2022

» [2018-02-21] Briony Turner And Alec Boateng Promoted To Co-Heads Of A&R, Atlantic Records UK; Turner And Boateng Will Oversee The Atlantic A&R Team, Joint Projects, As Well As Maintaining Their Own Artist Rosters

» [2018-02-21] ICE And Facebook Reach Multi-Territory Music Licensing Agreement; New Deal Will See Songwriters And Composers Remunerated

» [2018-02-20] B-Reel Named Top 10 Most Innovative Company In Music By Fast Company; Global Creative Agency Receives Honor For Its Award-Winning Gorillaz Campaign

» [2018-02-18] YG PLUS And Gracenote To Bring K-POP To Fans Around The World; Gracenote And YG PLUS To Make All K-POP Music More Searchable And Discoverable On Global And Regional Streaming Music Platforms And Services

» [2018-02-17] VNUE Inc. To Acquire Music Rights Startup Soundstr; VNUE Acquisition Aims To Ensure A Fairer Royalty System

» [2018-02-17] Is Podcasting The New Radio?; 25% Of Surveyed Americans Say They've Listened To A Podcast In The Past Month, Up From Less Than 10% In 2008

» [2018-02-01] Insomniac Announces Inaugural Electric Daisy Carnival China Set To Debut In Shanghai; China Marks EDC's Second Location On The Asian Continent
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

Carys - A Different Kind Of Normal - Debut CD Release

Melvin Riley Of Ready For The World Celebrates 35 Years In The Music Business And The Re-launch Of His Solo Career And New Billing Title

Listen: Darquise Explores The Art Of The Beak Up In His Debut Single "I Say One"

Artist Matthew Schultz Releases "Promise For Keeps" Featuring Gyptian

Richie Sambora Returns To Ovation Guitars With Signature Double Neck Guitar Benefitting Youth Music Charity

FLOW Announce The Arrival Tour And IMA / ZMR Award Nominations

Joseph L Young Returns To His First Love, The Saxophone, In "Every Moment" Releasing March 30



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2018 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships