Sales of digital music triple last year

Posted by Chris Leckness on Jan 19, 2006

closeThis post was published 4 years 21 days ago which may make its actuality or expire date not be valid anymore. This site is not responsible for any misunderstanding.

People are buying more and more music online these days.
Last year, sales tripled from 2004 to $1.1 billion!

About 60% of those sales are for music stores such as iTunes.
The rest was song ringtones for mobile phones.

This makes digital music about 6% of the revenue for the music industry.

I much prefer to have my music digital.
I love the choice of picking and choosing individual songs or getting the whole CD and I can take them with me in my pocket instead of needing CDs that can get scratched and damaged.

 

Source: Reuters 

Chris Leckness (4409 Posts) - Website | Twitter | Facebook


Chris Leckness is the Owner/Administrator of Mobilitysite. He is a Microsoft MVP, Mobile Devices and a member of the exclusive focus group, Mobius. Chris has been a big time supporter/user of Windows Mobile since the Dell Axim days when it was Pocket PC 2002. Chris loves Zune, but also owns 3 iPhones too. His personal blog is chris.leckness.com.

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  • Yeah, I was really surprised too. But I guess a lot of people I know like to buy a bunch of ringtones. Still never would have imagined it being such a high percentage.
  • Jordan Wigley
    Okay, I can understand the sales of digital music being really high. But according to the facts presented here, ringtone sales must be about a $440 MILLION industry. That's just freaking nuts.

    So not only are people's crazy ringtones annoying me everyday, but they're also representing about half a billion dollars of wasted money that could have been put to good use somewhere. A couple of years ago even, you have no idea how much trouble I had to go through on a new phone to download a ringtone that sound like *gasp* a RING. :)
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