Music Sales Fall Despite Digital Growth

Hot off the presses... Some quotes about 2007 figures:

"Global digital music sales were estimated to be approximately $2.9 billion in 2007, a roughly 40 percent increase on 2006, and single track downloads, the most popular digital music format, grew by 53 percent." ... confirming more and more that it's a singles market.

"The IFPI said tens of billions of illegal files were swapped in 2007, with the ratio of unlicensed tracks downloaded to legal tracks sold at about 20 to 1." ... 20 to 1!

"The industry has also been boosted by a landmark ruling in Belgium which ordered a service provider to block illegal file-sharing -- although the company is appealing -- while in Britain, the government has said it could impose legislation if an agreed settlement between both sides cannot be found." ... Seems like the problem is now falling into the ISP's (internet service provider) lap as well.