Friday, January 06, 2012

Is The Music Business Finally Rebounding? New Numbers Say Yes.

Forbes
"Every January, Nielsen SoundScan releases an annual report on the music business for the prior year, and every year in recent memory, the numbers have sung the same sad song: overall music sales are down, again, as piracy and other factors chip away at the industry’s sales numbers.

This year, however, there’s a glimmer of hope. For the first time since 2004, overall music sales are up. It’s an incremental improvement–album sales edged up 1.4% to 330.57 million units from 326.15 million in 2010–but it’s an improvement nonetheless, especially compared to the 13% dip in total album sales from 2009-2010."



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