Global Music Sales Dropped 10 Percent in 2007

January 2008
Red Herring;1/24/2008, p9
Trade Publication
The article reports on the decline in the sales of music in 2007, according to the International Federation of the Phonographic Industry (IFPI). The trade body said global digital sales grew by around 40 percent in 2007, but this was not enough to offset the sharp fall in compact-disc (CD) sales. The industry is calling on Internet service providers to take more responsibility for illegal file sharing by either disconnecting those who repeatedly upload music or preventing illegal tracks from being downloaded.


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