
As UK confirms love affair with virtual tunes
By Jo Best
Published: 4 October 2005 15:25 GMT
Digital music services such as iTunes and co are going from strength to strength, according to international music industry body the IFPI.
The organisation claims downloads now account for six per cent of all global music sales.
Digital music made up $790m of music sales worldwide for the first half of this year - an almost threefold increase on the same period in 2004, when digital music was worth $220m. The IFPI figures take into account music downloads, tracks bought over mobile networks and real music ringtones.
The growth of digital music sales didn't manage to offset the decline of the music industry as a whole, however, with overall sales shrinking by 1.9 per cent.
The UK - while showing a four per cent decline in music as a whole - is fast becoming a major consumer of digital music. Ten million individual tracks were downloaded during the first half of this year.
Not everyone is happy about the surge in digital music buying. The Music Managers Forum has been protesting this week that the sales from online song shops with £0.79 pricing, including iTunes, aren't providing artists with a fair share of revenues.
Apple CEO Steve Jobs, however, recently said he is strongly against an increase in pricing.
My key client, based in Central London West End is seeking a very intelligent, articulate and skilled semantic web developer to join their team. They ...
Web Manager, Music / Radio / Television - London If you like Music and are looking for a Fun, Funky, Friendly environment then this is the place for ...
WPF Silverlight UI User Interface Developer - TV/ Music, London An exciting opportunity to enter the Music, TV and Video Market. Exceptional skill ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable
Peter Cochrane Peter Cochrane's Blog: United breaks guitars? Customer service has changed forever