January 31, 2009
Music Think Tank in music industry sales trends
Dave Kusek has a great list of stats for the music industry in 2008. Here’s just a sample:
Music purchases (transactions) in 2008 reached 1.5 Billion, marking the fourth consecutive year music sales have exceeded 1 billion; 1.4 billion (2007) vs. 1.2 billion (2006) vs. 1 billion (2005).
Overall Album sales (including Albums and Track Equivalent Album sales) declined 8.5% compared to 2007.
Total Album sales declined 14% compared to 2007.
Article originally appeared on Music Think Tank (https://www.musicthinktank.com/).
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