Wednesday, February 20, 2008

Report: Digital Music Download Sales to Pass CD Sales by 2012

Sales of digital music downloads will grow at a compound annual growth rate of 23% over the next five years, reaching $4.8 billion in revenue by 2012 -- when they will overtake CD sales, according to a new report from Forrester Research. Despite the rise, digital will still not compensate for falling CD sales, which will drop off to just $3.8 billion in 2012.
http://www.dmwmedia.com/news/2008/02/19/report%3A-digital-music-download-sales-pass-cd-sales-2012

http://www.forrester.com/Research/Document/Excerpt/0,7211,43759,00.html

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