January 9, 2008

2007 U.S. Music Purchases Exceed 1.4 Billion

Music purchases in 2007 reached 1.4 Billion, the third consecutive year music sales have exceeded 1 billion; 1.2 billion (2006) vs. 1 billion (2005) . Overall Album sales (including Albums and Track Equivalent Album sales) declined 9.5% compared to 2006. More than 840 million digital tracks were purchased during 2007; an increase of 45% over 2006. Digital album sales reached the 50 million for 2007; up 53% over the previous year and accounted for 10% of total album sales compared to 5.5% in 2006. (PR)