An Industry in Free Fall
Physical sales of music plummetedhttp://www.ifpi.org/content/library/MUSIC-MARKET-DATA-2007.pdf">plummet…; at a rate that exceeded the sales growth of legal downloads in 2007, according to the IFPI. While global digital sales grew by 40% in 2007—representing about 10% of all music sold—IFPI figures suggest that CD sales in the US dropped by 19% (10.5% in the UK).