27
Jul
US digital music sales will more than double this year, analysts claim.
JupiterResearch announced its new projections yesterday at the Jupiter Plug.IN Conference and Expo 2004. It anticipates that sales will reach more than $270 million in 2004, and will grow to reach $1.7 billion in 2009, the report claims. This equals 12 per cent of consumer music spending. Previous expectations from the company had anticipated 2009 sales of $3.3 billion.
“While digital music will return the US music industry to growth after four years of deeply-declining sales, digital music will not replace CDs or bring music sales back to its 1999 peak,” the analysts said. [more @ www.macworld.co.uk]
0