| Digital music sales double in 2006 |
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Research shows only 14% of portable device owners get their content from legal sites Digital music sales doubled in 2006 thanks to better distribution, but the rise hasn't made up for the decline in CD sales, the International Federation of the Phonographic Industry (IFPI) said on Wednesday. Revenue is expected to come in at $2 billion for the year, accounting for about 10 percent of the total music market, the IFPI said in its Digital Music Report 2007. IFPI attributed the growth to a wider range of digital music products and a doubling of the number of tracks available to four million. The recording-industry trade group blamed music downloads from peer-to-peer networks as a continuing problem, although it said lawsuits against file-sharers and file-sharing networks have acted as a deterrent. The organization said 10,000 legal actions were taken in 18 countries in 2006. Read More: http://www.infoworld.com/article/07/01/17/HNdigitalmusicsales_1.html Add this page to your favorite Social Bookmarking websites          Add your comment
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