Legal Downloads Boost Music’s Bottom Line

Sales of music singles are down again. But legal downloads are soaring. “Around 1.75 million download tracks were purchased during the quarter, compared with 7.3 million singles. And download sales, currently running at around 250,000 a week, are expected to accelerate around Christmas time as thousands of digital players are received as gifts. Had digital sales been added to the overall total, the market would have shown a 9% increase on the previous quarter rather than a 12% decline.”