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'08 music sales hit record high


January 04, 2009 The Nielsen Co.'s annual year-end music industry report shows that combined sales of albums, singles, music videos and digital tracks increased 10.5% over 2007, according to Nielsen SoundScan. Combined sales of albums on CD, cassette, vinyl and digital download were down 14% over 2007, from 500.5 million units to 428.4 million. On a brighter note, total music purchases across all product categories topped 65 million units in the last week of 2008, making it the biggest music sales week since SoundScan began tracking sales in 1991.

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