View all Trends Sales

Digital music sales growth flattens

Wednesday, 29 September 2010 00:00
Patrick Stafford
New figures from Nielsen reveal that sales growth of digital music in the US remained flat despite a 13% increase during 2008-09.

The figures come as more record labels turn online in order to battle falling physical sales and adapt to an increasingly online-based generation.

However, Nielsen Music managing director Jean Littolff told Reuters the flat sales could be due to poor consumer confidence and that it isn't a signal of falling sales overall.

"I think this is a plateau, it doesn't mean that this digital consumption is going to drop significantly," he said. "It's a plateau, but it's not yet saturation."

Patrick Stafford

Deputy Editor.

Follow on Twitter
Add me on Google+
Connect with me on LinkedIn
Patrick Stafford is the deputy editor of SmartCompany. He is also the editor of TechCompany, the weekly newsletter for entrepreneurs and business owners who are dedicated to improving technology and social media in their own businesses.
Free Daily Newsletter
Please enter a valid email address