GristyMcFisty used our news submit to tell us "So much for piracy..."
I have to agree, take a look at these figures! But, who cares, this has to be
great news for the music industry and artists. Instead of terrorising the
populace the music industry should drop to their knees and give thanks for the Internet.
Some 1.75m songs were downloaded from the UK's legal online music services during Q3, enough to turn the singles market from a 12 per cent decline year on year to a nine per cent increase over the same periods, the British Phonographic Industry (BPI) trade body said today.
Some 7.3m physical singles were sold in
the UK during Q3. Of course, many of the tracks download from iTunes,
Napster, Wippit and co. aren't singles per se but individual album tracks,
so the comparison isn't an entirely fair one. Indeed, the BPI said some
40,000 different tracks are being downloaded each week, a figure far in
excess of the number of singles available
Still, according to the BPI, almost
250,000 tracks are being downloaded from legal services each week - demand
the organisation described as "strong".
It pledged to incorporate the downloads of
official singles into the regular singles chart early in 2005. It is also
working to incorporate downloads to mobile phones into the chart, the
organisation said. |
The reason I say that the industry had best be thankful
for downloads, is that the article goes on to mention that physical sales or what we know
as the venerable CD, continue to plummet! We here all know that the story is not
file sharing, it' the fact that we have our music collections digitsed and in a
portable device.
Source: The Register