Global music industry in numbers
• International music industry group the IFPI estimates that in 2009 "physical" music sales (CDs etc) were $11.6bn (£7.1bn), with digital sales of $4.2bn, making total sales $15.8bn. • Compared with 2008, physical music sales declined 16%. Digital sales grew by 12%, but that was down sharply on 25% growth in 2008. The overall market declined 10%. • The IFPI's digital music report says download sales of single tracks increased by an estimated 10% in 2009, to more than 1.5bn units. Digital albums grew by an estimated 20%. The best-selling track of 2009 was Poker Face by Lady Gaga, shifting a total of 9.8m units. • Digital sales have grown by 940% since 2004, but the total music market fell by about 30% in that period. • Investment is falling in major markets. In France, 107 local artists' albums were released in the first half of 2009, 60% down on the same period of 2003. New signings of French artists also fell by 60%, from 91 in the first half of 2002 to 35 in the same period of 2009. Overall investment in marketing and promotion by the French music industry fell 9% in the first six months of 2009. • In Spain, in 2009 no new Spanish artist featured in the top 50 album charts, compared with 10 in 2003. Overall, unit sales of Spanish artists' albums fell by an estimated 65% between 2004 and 2009. • In Brazil, music sales fell by 43% between 2005 and 2009. In 2008 there were only 67 full-priced local artists' albums released by the five major companies in Brazil – just a tenth of the number (625) a decade earlier in 1998.
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