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October 8, 2012

Digital Music Sales in US exceed 15% growth,as global music sales decline


source:ultrahighendreview.com

Within the United States, the total digital music revenue rose 17.3 percent to $2.62 billion
  Globally, music revenues fell by 3 percent to $16.6 billion, according to Billboard data

Digital album sales in the U.S. are up 15 percent from the same period last years of October ,2012.  Americans have consumed one billion digital tracks, a pace that is set to break 2011’s record of 1.3 billion sold, according to Nielsen

According to International Federation of the Phonographic Industry and the Recording Institute of American Artists  ( RIAA) reported that total U.S. music revenue was flat, climbing just 0.2 percent to $7.01 billion. But that contrasted sharply with the IFPI’s own numbers, which put the figure at $4.37 billion.

As of March,2012 within the United States, the total digital music revenue rose17.3 percent to $2.62 billion, according to RIAA , while the number of digital MP3s and digital albums sold within the United States rose by 10.9 percent and 22.1 percent, respectively