Music Sales Increase In Sweden For First Time Since 2000

[p2p rules]

IFPI Sweden are celebrating after new statistics reveal that in 2009, music sales were up for the first time in nearly a decade. Digital sales have increased rapidly, with revenues from streaming services such as Spotify increasing impressively. Even physical CD sales showed a modest increase over the previous year.

So maybe it comes as a surprise to learn that, according to new figures released by the IFPI in Sweden, music sales were up 10.2% in 2009. According to the group, this represents the first increase in revenue since 2000.

While physical CD albums sales managed a 1.9% increase over the previous year and still accounted for 80% of total industry revenues, the digital realm provided all the excitement.

The digital market place provided 16.3% of total sales in 2009, an increase of 98.6% over the previous year. 46.1% of digital sales came from streaming services such as Spotify, up from 17% in 2008, with the remaining 53.9% coming from other Internet sources.

Torrentfreak

[GhostShip]

What is pretty apparent here is this simple common sense rule : Let the consumer hear what your offering and if they like it they will buy it .

Spotify is owned lock stock and barrel by the recording industry and based in Sweden, and they have been allowing folks to hear music before purchasing it, this is good for them and the consumer who has been told in recent years that they have to purchase artists works "on faith", this sort of idiotic mentality helped bring p2p to the fore as folks where able to sample new works and see what they liked without paying for the stuff they didnt want to take a chance on.

Its nice to see the recording industry making some headway to meeting music consumers wishes, however why its taken them 10 years to get their act together is something we will never know.