Digital Improves Recording Company Outlook

After a couple of years when music sales were down, 2003 was something of a turnaround. “More than 19.2 million digital tracks were sold online in the past six months, according to Nielsen Soundscan, helping to narrow the music industry’s losses last year. Overall, North American music sales were down 0.8 percent last year compared with 2002, while album sales, which includes cassettes and other formats, were down 3.6 percent, according to Nielsen Soundscan.”