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SILVER LINING OF SALES
07/12/2008
Growth in digital music sales is finally coming within striking distance of making up for the decline in physical sales.
During the six months ended June 29, sales of albums and track-equivalent albums (or TEA, where 10 digital tracks equals an album) totaled 258.9 million units, down 4.7% from 271.6 million during the six months ended July 1, 2007, according to Nielsen SoundScan.
That's about half the rate of decline posted during the first half of 2007, when album and TEA sales sank 9.1% from 298.7 million a year earlier, suggesting that growth in digital music sales is beginning to approach equilibrium with the slide in physical sales.
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