UK album retail sales dip 11% for 2007

January 8, 2008

Album unbundling, copyright theft and difficult retail conditions contributed to a drop in album sales of 10.8% in 2007 say the British Phonographic Industry.

The continued growth of download sales helped the singles market grow by 29.3% during 2007, which became the third biggest year on record for the format.

Singles

 

2006 = 67.0m

2007 = 86.6m

Change = +29.3%

 

Albums

 

2006 = 154.7m

2007 = 138.1m

Change = -10.8% Source: BPI website


UK Digital sales grow by 50% in 2007

January 4, 2008

The British Phonographic Industry, which represents the British recorded-music business, said total music download sales for the year topped 77 million, a 50 percent increase over 2006.

2.94m online music tracks were downloaded in the UK in the last week of 2007, according to the BPI, a record industry body. The figure is double that for the same time in 2006, when 1.47m tracks were downloaded, and nearly three times that for the same week in 2005, when only 1m songs were downloaded.

Source: http://www.strategyeye.com