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Showing posts with label Recording Industry Association of America. Show all posts
Showing posts with label Recording Industry Association of America. Show all posts

Wednesday, March 28, 2012

The Music Industry Is Finally Turning Around ...

The Recording Industry Association of America just released its 2011 sales figures yesterday (PDF here), and there was a surprising bit of good news in them.Total U.S. music sales actually grew for the first time since 2004. They were up 0.2%, just topping $7 billion. The reason: digital sales were up 9.2% during the year, and physical sales (mostly CDs) dropped only 7.7%, which is smaller than in recent years.Digital made up more than half of revenues for the first time ever.