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Music record company
trade revenues from digital sales globally nearly tripled in value,
from $400 million in 2004 to $US 1.1 billion in 2005, according to
IFPI, an organization representing the recording industry worldwide. |
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The total number of
digital single tracks downloaded online or to mobile phones rose
to 470 million units, up from 160 million in 2004. |
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Digital sales are
split roughly 50:50 between online and mobile at the global level. |
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Master ringtones
account for 87% of mobile sales. |
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Overall recorded music
sales (physical and digital) fell by 3% in 2005. |
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On a retail price
basis, the global recorded music market is estimated to be worth
$US 33 billion in 2005 |
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The US, Japan, UK,
Germany and France are the top five digital markets, which are
also the top five in overall music sales. |
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Mobile dominates the
digital music market in Japan and parts of continental Europe,
while online sales are stronger in the US, UK and Germany. |
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US accounts for 1/3 of
the global music sales, while US and Japan together have over 50%
of the music market. |
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Digital music accounts
for 9% of the music sales in US, while the worldwide share of
digital music is 5% |
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IFPI: http://www.ifpi.org
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