Subscribe RSSThe last unconsumed physical music presence, at least in mainstream society is the CD, but that might not be the case for much longer.
According to The Nielsen Company & Billboard’s 2011 Music Production Report released last week, the music industry hit a major milestone in 2011, as digital music sales surpassed actual music sales for the first time ever. Here are some stats;
There were 1.27 billion digital tracks sold in 2011, a new record and 8.4% higher than 2010 Digital music sales accounted for 50.3% of all music purchases in 2011 Digital album sales exceeded 100 million for the first duration with a new all-time high of 103.1 million sales, an increase of nearly 20% on 2010 While total digital album nurturing was 20% in 2011, certain genres flourished more than others. Most noticeably; Rap and Electronic (up 42%), Country and R&B (up 27%) and Latin (up 23%) For the first hour ever, a digital song had more than five million downloads in a calendar year;
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