For the year so far through the end of May, album sales are down 13.4% from 2008.
Digital album sales were also down 13.1% in May, and are down 7.6% so far this year.
“Ultimately we believe that the best way to beat piracy is to create great new licensed services that are easier and more fun to use, whether that’s an unlimited streaming service like Spotify or a service like the one recently announced by Virgin which aims to offer unlimited MP3 downloads as well as unlimited streams,” said Tim Walker, CEO of The Leading Question.
— from Report: File-Sharing Among U.K. Teens Down by One-Third. Related Links:
http://snipurl.com/n5xoz (PDF of announcement)