Friday, August 21, 2009

Music Goes Digital: Downloads = 35% of Music Sold

Online music sales have grown to more than a third of all music sold in the US, with iTunes making up a full quarter. CD sales remain dominant, but given the trajectory of online sales, that may not last for long.

Music sold through the iTunes Store makes up a full quarter of all music sold in the US, according to a new report from the NPD Group. The market research firm noted that paid digital music downloads have continued to grow since 2007 (from 20 percent to 35 percent this year) with the help of iTunes, Amazon, and Walmart's online offerings, and that digital music sales may even equal CD sales by the end of 2010.


Originally posted at Carpe Diem.

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