Wednesday, January 27th, 2010
Last month we wrote about the rise of digital music over other music formats. As recently reported by Paid Content UK, the last decade saw some major transformation in music buying and listening habits. Around 98 percent of the 153 million singles sales in UK were digital last year. Also, the digital sales overall increased from 10 million to 16 million. What does this mean? That digital music has become more popular than ever.
Similar trends were seen in Sweden, where sales grew 10 percent after a decade of decline. Out of the total 861.4 million Swedish crowns worth music sold in 2009, digital music was the one that grew by a whopping 99% ! And the clear winner amongst digital music services were streaming services, growing from 17 percent in 2008 to 46 percent in last year.
Exciting times for digital music, indeed.