January 19th, 2006
Digital music was a $1.1 bln industry in 2005
Worldwide sales of music via the Internet and mobile phones hit $1.1 bln in 2005, triple of 2004 sales and accounting for 6% of global record company revenues. IFPI said music fans around the globe downloaded 420 mln single tracks in 2005, more than double the 156 mln downloaded in 2004.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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