Click to Skip Ad
Closing in...

Digital music sales grew 8% in 2011, now total 31% of industry revenue

Updated Dec 19th, 2018 7:52PM EST

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.

The past year was a good year for the music industry as sales rose to their best highest point in eight years. According to the IFPI’s annual Recording Industry In Numbers report, revenue from physical media fell by 8.7%, compared with 13.8% in 2010, but were vinyl sales up nearly 29%. Digital revenue continued to grow, increasing 8%, compared to 5.6% in 2010, with digital track sales growing 19% to 3.7 billion songs. Australia leads the way in the digital space with 60% growth, compared with 8% growth in the U.S. and 10% in the U.K. $1.27 billion in digital singles were sold in the U.S., while the U.K. accounted for $176.2 million. Digital sales made up 31% of the total revenue of the music market and reached $5.3 billion in sales. Overall global music revenue fell by just 3% in the last year, however. “2011 marked the least negative result in global recorded music sales since 2004, when revenues were flat,” the report read. The IFPI credits services like Spotify, iTunes, and unlimited-access operators like Rdio, MOG and Rhapsody for bringing new revenue models to customers that have helped the U.S. music market.

[Via PaidContent]


Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.