IFPI Report

The latest on international music sales looks about the same as it has in recent years with digital sales not yet making up for the drop in CD sales. Streaming is reported as picking up but the revenue from that area again leaves the recording industry struggling. Overall the drop globally was 8.4% with Australia dropping 12.4% in 2010. The usual rant about piracy was given as the main reason behind the drop in sales.

Further Reading
The Music Network, IFPI report: Global music trade down 8.4% (4 April 2011) <http://www.themusicnetwork.com/music-news/industry/2011/04/04/ifpi-report-global-music-trade-down-8-4/> at 4 April 2011