AfterDawn: News

The launch of MyCokeMusic, by The Coca-Cola Company, has boosted the online music sales in the United Kingdom with over 50.000 songs sold. According to the source, legal music downloads are now more common purchases than a DVD, vinyl record or a cassette tape. The CD single still is the dominant media though.

Last month, over 150,000 downloads were sold in the UK - measures as downloads from UK URLs to known UK IP addresses - with the launch of MyCokeMusic alone generating 50,000 sales in its first week online, outstripping vinyl, cassette and DVD sales, although CD singles still dominate the sales breakdown.
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The news comes at a point of mixed fortunes for the British music industry. While album sales in the UK continue to grow, downloads, both illegal and legal, have taken a bite out of the singles market. In 2003, unit shipments were down 30.7 per cent to 36.4 million and value was down 33.6 per cent to £64.4 million compared with 2002.

Source: The Register

Written by: Lasse Penttinen @ 10 Feb 2004 8:34