Music sales down 3% in 2005

Record company trade revenues from digital sales globally nearly tripled in value, from $400 mln to $1.1 bln in 2005. New mobile formats such as full track downloads to mobile and music videos grew faster (180% increase in trade revenues) than master ringtones (120%). Though, overall recorded music sales (physical and digital) fell by 3% in 2005, IFPI says.

Source: ZDNet

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