19
Aug
A record number of albums were sold in the UK in the last year because they are now cheaper than ever, industry figures have revealed.
More than 228 million albums were sold in the 12 months from June 2002 – up 3% on the previous year – according to the British Phonographic Industry (BPI).
And they were on sale for an average of #9.79 each, which is a new low, the BPI said.
But despite the healthiest album sales recorded, music industry profits are down. The BPI said the total UK music market for the first six months of 2003 was down 7% in sales values, compared with last year.[more @ bbc.co.uk]
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