Digital uprising…
Tuesday, 12th June, 2012Sales of digital music now outstrips CD and records in the UK
Certainly within the UK for the first time, digital music revenue has overtaken sales of physical formats such as CDs and vinyl records.
According to figures compiled by the British Phonographic Industry (BPI) digital accounted for 55.5% of the £155.8m spent on music in the UK in the first quarter of 2012.
The impressive growth in digital boosted the record industry’s overall market value by 2.7% to £155.8m and helped to offset a decline in sales of CDs, according to the BBC.
Good news for BeoSound 5, but bad news for CD-playing equipment such as the BeoSound 9000!
