2005: record year for digital music
Posted in Industry on January 10th, 2006
2005 was a record year for digital music. At the same time P2P use continues to grow.
Christmas was a fabulous week. 20 million Tracks were sold in the last week of the year, three times the previous year. This is compared to P2P where 250 songs are downloaded in a week.
Accordingly to the article: "If the market can retain volume gain as it did last year, the numbers are tantalizing. Last year, sales fell by about 20% in the weeks following New Year's; such a drop this year would yield a weekly volume baseline close to 16 million tracks. That would put the download market on pace for sales of 750 million to 1 billion tracks in 2006."
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