Music sales slump "to be eased by online boom"

Iria · Aug 25, 2006, 05:48 AM

Source: Reuters
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LONDON (Reuters) - The explosion in online music sales is set to continue and will start to halt the decline in overall sales of recorded music in Europe, but not until 2010, according to a report on Thursday.

Within four years, European spending on online music will rise to more than 1.1 billion euros ($1.4 billion) from just 121 million euros in 2005, media researchers Screen Digest said.

"Online music has been booming. However, online sales alone are not going to be enough to halt the decline in music sales," said Screen Digest's Dan Cryan.

Aug 25, 2006, 05:48 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Music sales slump "to be eased by online boom" Source: Reuters ________ LONDON (Reuters) - The explosion in online music sales is set to continue and will start to halt the decline in overall sales of recorded music in Europe, but not until 2010, according to a report on Thursday. Within four years, European spending on online music will rise to more than 1.1 billion euros ($1.4 billion) from just 121 million euros in 2005, media researchers Screen Digest said. "Online music has been booming. However, online sales alone are not going to be enough to halt the decline in music sales," said Screen Digest's Dan Cryan.