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Digital Sales To Surpass Physical In 2010?

Posted by on August 17, 2009

projected sales-thumb-640xauto-7652Ars Technica reports on data from the International Federation of the Phonographic Industry (which sounds way more bad ass than the people who probably work there) predicting the majority of music revenue will come in the form of digital sales as early as next year. IFPI projects digital will generate over 52% of domestic music revenue in 2010 and globally by 2016. That’s remarkable when you consider digital was just two percent of revenue when the IFPI started tracking the statistic in 2004, and only 36% in the US last year.

This should really shock many of you, as metal is still predominantly consumed as physical medium. Most metal bands see less than 15% of their sales come from digital.

Categorised in: Metal By Numbers