{"id":261,"date":"2012-04-01T09:12:25","date_gmt":"2012-04-01T02:12:25","guid":{"rendered":"http:\/\/news.appota.com\/?p=261"},"modified":"2021-04-14T09:15:58","modified_gmt":"2021-04-14T02:15:58","slug":"digital-music-sales-grew-8-in-2011-now-total-31-of-industry-revenue","status":"publish","type":"post","link":"https:\/\/news.appota.com\/vi\/digital-music-sales-grew-8-in-2011-now-total-31-of-industry-revenue\/","title":{"rendered":"Digital music sales grew 8% in 2011, now total 31% of industry revenue"},"content":{"rendered":"<p><a href=\"http:\/\/www.bgr.com\/2012\/03\/27\/digital-music-sales-grew-8-in-2011-now-total-31-of-industry-revenue\"><img loading=\"lazy\" decoding=\"async\" title=\"itunes-music-sales\" src=\"http:\/\/www-bgr-com.vimg.net\/wp-content\/uploads\/2012\/01\/itunes-music-sales.jpg\" alt=\"\" width=\"652\" height=\"283\" \/><\/a><\/p>\n<p>The past year was a good year for the music industry as sales rose to their best highest point in eight years. According to the IFPI\u2019s annual Recording Industry In Numbers report, revenue from physical media fell by 8.7%, compared with 13.8% in 2010, but were vinyl sales up nearly 29%. Digital revenue continued to grow, increasing 8%, compared to 5.6% in 2010, with digital track sales growing 19% to 3.7 billion songs. Australia leads the way in the digital space with 60% growth, compared with 8% growth in the U.S. and 10% in the U.K. $1.27 billion in digital singles were sold in the U.S., while the U.K. accounted for $176.2 million. Digital sales made up 31% of the total revenue of the music market and reached $5.3 billion in sales. Overall global music revenue fell by just 3% in the last year, however. \u201c2011 marked the least negative result in global recorded music sales since 2004, when revenues were flat,\u201d the report read.\u00a0The IFPI credits services like Spotify, iTunes, and unlimited-access operators like Rdio, MOG and Rhapsody for bringing new revenue models to customers that have helped the U.S. music market.<\/p>\n<p>Source: BGR<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The past year was a good year for the music industry as sales rose to their best highest point in eight years. According to the IFPI\u2019s annual Recording Industry In Numbers report, revenue from physical media fell by 8.7%, compared with 13.8% in 2010, but were vinyl sales up nearly 29%. Digital revenue continued to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[887],"tags":[8,73],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Digital music sales grew 8% in 2011, now total 31% of industry revenue - Appota News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.appota.com\/en_US\/digital-music-sales-grew-8-in-2011-now-total-31-of-industry-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digital music sales grew 8% in 2011, now total 31% of industry revenue - Appota News\" \/>\n<meta property=\"og:description\" content=\"The past year was a good year for the music industry as sales rose to their best highest point in eight years. According to the IFPI\u2019s annual Recording Industry In Numbers report, revenue from physical media fell by 8.7%, compared with 13.8% in 2010, but were vinyl sales up nearly 29%. 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