Digital Music Sales To More Than Double In Five Years

Amid a continued decline in sales of compact discs, U.S. digital music sales will climb to about $2.5 billion annually by 2011, more than doubling from about $1 billion in 2006, JupiterResearch said Monday in an industry forecast. Forbes reports.

"By 2011, digital sales will account for about 22% of total U.S. music sales, compared to just 6% in 2005. JupiterResearch’s digital sales figures don’t include revenue from cellphone ringtones, which the firm expects will represent an eye-popping 12% of overall music sales in 2011."

emily | 3:39 PM | Random Stats |
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