Friday 17 December 2010

Digital services account for 25% of UK record industry revenue

"BPI figures for the 12 months ending in September 2010 show that digital services now accounts for a big slice of UK record industry revenue - 24.5%, up from 19.2% a year earlier.  Rising levels of income from digital music are not offsetting declining revenues from falling CD sales, however.
Innovation is helping to drive growth beyond the traditional a la carte music purchase model pioneered by market leader iTunes.  18% of digital income now comes from a mixture of subscription services – like those offered by Napster and eMusic – and the ad-supported services including Spotify and We7."
Source:  BPI Digital Music Nation Report, December 2010
Download the full report here

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