European music sales down 8.3% in 2008

European music sales down 8.3% in 2008

Summary: Despite global digital sales growing 24.1 % to $3.78 bln and performance income by 16.2% in 2008, European music sales finished down 8.3% at $18.4 bln after a 15.4% collapse in physical sales.

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Despite global digital sales growing 24.1 % to $3.78 bln and performance income by 16.2% in 2008, European music sales finished down 8.3% at $18.4 bln after a 15.4% collapse in physical sales.

Topic: Enterprise Software

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  • Eat that and choke, RIAA!

    But seriously, the sad fact is that smaller demographic segments of the population are buying music. Looking at the NPD Group stats, purchasing music in any form is limited to very specific age groups and income levels, and those demo groups are declining populations, especially in Europe. So it's no wonder.
    terry flores
    • RIAA == Association of American distributors, not Europe

      The RIAA is the association of distributors in the United State, it has nothing to do with business in Europe


      NPD Group : Market research in America.
      fredericr