Why 2011 is the Year Digital Music Broke
Date: Friday, October 07, 2011 @ 18:26:12 UTC

2011 could end being the year digital music broke. Yes, the iTunes Music Store launched back in 2003. But 2011 has been a truly incredible year for digital music. Perhaps most important is the big improvement in download sales. There's a common - and incorrect - belief in the music business that nobody pays for music anymore. That claim just doesn't hold water in 2011. Through September 25, the increase in track and digital album sales has a value of about $236 million (calculated simply using $1.29 for tracks and $9.99 for digital albums). American consumers have purchased an additional 12 million digital albums and 90.5 million tracks on top of what they had purchased at the same point in 2010. Complete Article

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