Wednesday, February 20, 2013

Music Sales fall, revenue grow ringtones

As of the International Federation of the Phonographic (IFPI), reported music sales in the world market during the first half of 2005 by 1.9 percent, although sales of digital media tripled over the period, thanks to the melodies for mobile phones and Apple iTunes Music Store. Sales of music on digital media by six percent of total revenue reached $ 790 million in the first half. Sales of CD and other physical carriers to shrink, traditionally associated primarily with piracy. In January-June 2005, they were. Up to $ 13.2 billion from $ 13.4 billion in the first half of last year Among other reasons for declining sales IFPI called decline of the CD, lower sales of music on DVD and competition from other sectors. To a recovery in demand in the market to move digital technology, such as iTunes, Napster and Rhapsody, as well as an aggressive fight against the illegal distribution of music. In the United States, the world's largest music market, music sales fell to physical media in value by 5.3 percent, while considered in the unit - by 5.7 percent. In Japan, the second largest market, sales fell by 9.2 percent and 6.9 percent. Discounts offered in France, led to a decline of 2.7 percent in sales volume, but in terms of unit sales rose by 7.5 percent. The relationship between the case raise the rate of profit on the carriers and the rangtonah IFPI report is not unfortunately.

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