March 22, 2005

Global music sales in 2004

Worldwide sales of recorded music declined 1.3 percent to $33.6 billion last year as the U.S. market grew for the first time since 1999 and consumers bought more concert and video DVDs, according to Reuters.

"The figures released on Tuesday, which showed the fifth successive year of falling sales for the record industry, did not include digital downloads or mobile phone ringtones, which music companies say would have made 2004 sales flat against 2003.

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