UK sales of CDs fell by £8.7m in 2009, but the increase in royalties generated by online music sales more than compensated for this by growing by £12.8m, according to figures from music rights agency PRS for Music. What is encouraging for the music industry is that the growth in online sales is, after years of net decline, faster than the fall in the sale of CDs. This clearly reflects the changing purchasing preferences of the public, no doubt fuelled by the increasing size of the generation who prefer to record and listen to music through mobile devices rather than being tied to the traditional 'hard copy' music and clunky equipment.
April 21, 2010 at 07:04 PM
1 minute read
The original version of this story was published on Legalweek
The Digital Economy Act, rushed through the House of Commons ahead of the election, will enable copyright holders to go after downloaders of pirated music. Hamish Porter explains how this will impact internet users
UK sales of CDs fell by £8.7m in 2009, but the increase in royalties generated by online music sales more than compensated for this by growing by £12.8m, according to figures from music rights agency PRS for Music.
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