January 10, 2008

Classical Music Retailer ArkivMusic Posts Record Sales for 2007

Classical Music Retailer  ArkivMusic announced that the company achieved record revenues in 2007 with 30% growth year-over-year, topping one million dollars in December alone. This bucks the retail industry’s downward trend in sales of physical CDs. According to Nielsen SoundScan, U.S. album sales were down more than 15% for the year. (PR)