UK Music Sales Up In First Half Of 2010

UK Music Sales Up In First Half Of 2010

UK Music Sales Up In First Half Of 2010
In comparison to the same period in 2009, music sales in the UK increased 1.7 percent to 64.3 million units during the first six months of 2010, representing a 0.4 percent increase in value to $801.9 million, according to data from Chart-Track and the Official Charts Company. CD sales decreased 9.1 percent while digital album sales increased 34 percent. Overall, the UK entertainment sector generated $2.9 billion in sales, a 3 percent decline. (7/15)

Sony To Launch Classical Download Service
Sony Music Entertainment has plans to launch a music download service dedicated to classical music, according to technology analysis site AllThingsD.com. The service will feature higher-quality lossless files, which are larger than typical downloads and retain all the audio data of a CD. Universal Music Group and EMI Classics and Virgin Classics launched similar classical services in 2007. According to the report, the service may also feature jazz music and Sony is negotiating a deal with other major labels to offer content on a non-exclusive basis. (7/15)

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