Sales of downloaded music have tripled in the past year and now account for 6% of record industry sales, worth $790 million. “However, revenue from sales of physical music formats, like CDs, fell 6.3% and the overall market by 1.9%. That translates to a global drop in the market from $13.4 billion (£7.6bn) to $13.2 billion (£7.5bn), for all music sales – regardless of format.”