1 in 5 music fans shun physical releases
It’s been revealed that around one in five consumers purchase their music solely as downloads.
The BPI (British Phonographic Industry) revealed that 19.6% prefer to buy music online rather than having the physical copies.
Last year, approximately 27.7% of UK music fans purchased downloads over the internet in total, while many more streamed music or shared files illegally.
These new statistic have led the BPI to say that the digital music industry has now “gone mainstream”.
It follows news of the traditional music sector falling to financial crisis. Just earlier today, it was revealed that HMV will shut 66 stores nationwide, cutting up to 930 jobs.
iTunes also announced that they have sold their 25 billionth track.
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- John Maus details forthcoming album, Later Than You Think
- Blonde Redhead share new single, "Rest Of Her Life (Choir Version)"
- KNEECAP join forces with Mozey on new single, "THE RECAP"
- The Lemonheads announce first album in almost two decades, Love Chant
- Royel Otis detail second album, hickey
- Live Aid show to be re-broadcasted in celebration of its 40th anniversary
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