It's a landmark time for digital music downloads in the UK. More than £1-billion has been spent on eMusic since legal digital download stores launched seven years ago.
And of that total, almost a third was spent last year alone, according to figures from trade organisation the BPI.
The figures are reported by The Guardian:
(Via: The Guardian)The UK total for 2010 tallies with the figure put out in March by international music industry body the IFPI, which said digital sales in the UK grew almost 20% last year.The BPI said that spending on digital albums grew 23% to £146m, more than 56.5m digital albums sold since the format launched in 2006.A total of £132m was spent on digital singles, a 12% year-on-year increase, with almost 600m sold since 2004.The BPI reckons that the rise of cheaper digital music downloads has led to the cost of an album – both physical and digital – falling by a third in the past decade to £7.32.
You can follow IJSMblog on Twitter and Facebook
Comments