Digital Music Sales Triple
International Federation of the Phonographic Industry (IFPI) annouced that digital music sales tripled to 6% of industry retail revenues as the global music market falls 1.9%.
Booming demand for music on the internet and mobile phones nearly offset the decline in physical formats as recorded music sales fell 1.9% to a retail value of $US 13.2 billion in the first half of 2005, compared to $US 13.4 billion in the same period of 2004.
