The CD is no longer heard as before. At least that is happening in Britain, where the musicians get more revenue from internet and radio, recorded music sales. This was announced by the alliance MCPS-PRS, Which handles copyright in the music industry in the country.
The cold numbers show that during 2007 in the UK, the radio and Internet downloads for a profit totaled 707.5 million euros. According to the agency states in its websiteIn 2007 alone increased by 54% the turnover of the online downloads.
Radios and televisions, along with internet, contributed € 195.7 million, up 8% over 2006, with significant growth of online downloads, whose turnover increased by 54%, led by the iTunes platform. However, the MCPS-PRS said that revenue from Internet (€ 12.6 million) still remain a small weight in total of this group.
Physical products like CDs and DVDs, which had always been a major source of income for musicians in the country, contributed € 191.1 million last year 11% less than last year.
"Much has been written about the state of the music industry, but these results show the good health of the sector, an increase of revenue in most areas," said CEO of MCPS-PRS, Steve Porter.
The alliance said the sharp fall in CD sales was partly offset by the sale of other physical products such as USB drives with built-in songs.
The CD is no longer business in Britain
Dec 25, 2010
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