Digital Music Sales Higher than CD Sales in UK Music Market

by RouteBot on May 31, 2012

The BPI has released a new report that shows digital music accounted for 55.5% of UK music revenues between January and April this year, as industry revenues grew by 2.7 percent to £155.8 million.

The BPI’s digital music revenues are based on downloads, subscriptions and ad-supported music services, which when combined saw nearly a 25 percent rise in income to reach £85.6 million. However, physical formats fell by 15.1% to £69.3 million.

The US has seen similar numbers as digital accounted for 50.3% of overall music purchases in 2011.

Source: TheNextWeb

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