Report: digital downloads foster music industry growth

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Report: digital downloads foster music industry growth.

[newsimage]http://static.rankone.nl/images_posts/2011/07/PyyN4G.jpg[/newsimage]2011 may be remembered as the year record sales stopped sagging and actually grew - a first for the music industry since 2004, said Nielsen. A report from the researcher's SoundScan service this week suggests the surprising turnaround can be chalked up to digital music, which many agree hindered record sales in the first place. 155.5 million albums were sold in the first six months of the year, marking a minor 1 percent boost over sales during the same period in 2010. Single-track downloads, rounded up to 10 to count as an album (their rules, not ours), balloon that figure to 3.6 percent, or 221.5 million albums sold.


Read the full article here: [http://www.myce.com/news/report-digital-downloads-foster-music-industry-growth-48045/](http://www.myce.com/news/report-digital-downloads-foster-music-industry-growth-48045/)


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