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IFPI

Digital Music Sales Increase Syndicate content

Music sales dropped to their lowest level in a decade even though there was an increase in digital sales but it did not make up for falling CD sales according to a report from the International Federation of the Phonographic Industry (IFPI).Worldwide music sales fell 8 percent to $19.4 billion in 2007. Sales of CDs dropped 13 percent to $15.9 billion. Sales of downloaded songs and mobile ringtones increased 34 percent to $2.9 billion.

Online Music Sales Reached $2 Billion In 2006 Syndicate content

Digital music sales in 2006 doubled over the previous year. As did the number of songs made available online. Record labels have become somewhat more comfortable as they continue to try and find the right combination of distribution models along with digital music products.

German Cops Bust 3,500 File Sharers Syndicate content

Providing song files to other music fans through the use of the eDonkey file sharing application turned into a pain in the ass when a widespread record industry sweep took place in Germany.

IFPI Will Make You Pay; Legal Downloads Rising Syndicate content

People are getting more honest when comes to downloading music off the Internet, according an international recording industry group. The number of legally downloaded music tracks almost tripled in the first half of this year. Illegal file-sharing is up only three percent.
News Tags: Legal, IFPI, Downloads