Recording Industry Releases 2008 Sales Statistics

The Recording Industry Association of America (RIAA pdf) and the International Federation of the Phonographic Industry (IFPI pdf) both released statistics for 2008 sales. As expected, the numbers show that physical sales continued to drop in comparison to 2007, but digital sales grew to nearly 30 percent of the total market, and digital performance rights royalties went up 74 percent. Read more...