The market for music downloads and other digital forms of music has tripled in a year, helping offset a continuing decline in sales of CDs and other physicial formats, an industry report said Monday.
The International Federation of the Phonographic Industry estimated that digital music sales totaled $790 million in the first half of this year, equivalent to 6 percent of industry sales, compared to
$220 million in the same period a year earlier.
Read the whole story at AP, October 3, 2005 »