Internet Mlusic Sales Top $1b

Summary


LONDON (AP) - Worldwide sales of music via the Internet and mobile phones hit $1.1 billion last year, almost triple 2004 sales and accounting for 6 percent of global record companies' revenues, an industry group said Thursday.

The International Federation of the Phonographic Industry, or IFPI, said the legitimate music business was gradually gaining ground on digital piracy. It said research showed that in Europe's two biggest digital markets - Britain and Germany - more music fans are now legally downloading music than illegally file-swapping.

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Internet Mlusic Sales Top $1b

"2005 was the year that the digital music market took shape," said IFPI Chairman John Kennedy.

Another big success...

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