Record Companies: Digital Doesn’t Make Us Whole

“Record companies’ digital sales jumped to $2bn (£1bn) in 2006 from $1.1bn a year earlier and continued to take market share, according to the latest update from the global industry group IFPI yesterday. Downloads to mobile phones, computers and music players now make up a tenth of global music sales but as sales of physical formats such as CDs continue to fall, digital has not come to the rescue.”