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Music Industry Records First Revenue Increase Since 1999

Music CDs

The music industry, the first media business to be consumed by the digital revolution, said Tuesday that its global sales had risen last year for the first time since 1999, raising hopes that a long-sought recovery might have finally begun.

 

Album Sales Hit a New Low Last Week

Album Sales Hit a New Low Last Week

The struggling music industry hit a new low last week: Only 4.95 million albums were sold in the U.S. between August 8th and 14th — the lowest total since Nielsen SoundScan began tracking numbers in 1991. The one other time album sales fell short of five million copies? Earlier this ...

Senh: I wonder if digital sales from iTunes and similar services make up for the lost in album sales. Overall, are music sales down? Sure, album sales are down, but it seems like a lot of people are buying music from iTunes.

 

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