London
- Global digital music sales leapt 40% in 2007, to $2.9 billion, but declining
CD sales pushed the overall market down 10% for the year, according to a report
issued Thursday by the International Federation of the Phonographic Industry
(IFPI). The group said that digital music sales now account for 15% of the global
music market, up from 11% in 2006 and zero in 2003.
Single track downloads grew
by 53% to 1.7 billion.
The IFPI also said that "tens of billions" of
songs were illegally downloaded in 2007, and that the ratio of unlicensed
tracks downloaded to legal tracks sold was about 20 to 1.
The trade
organization called on Internet service providers (ISPs) to disconnect
file-swappers and install filters, and pointed to recent actions along those
lines taken by France's
president, Nicholas Sarkozy.
"There is only one acceptable moment for ISPs
to start taking responsibility for protecting content -- and that moment is
now. After years of prevarication in the discussion, the French government's
decision to seize the day is deeply refreshing," said IFPI chairman and
CEO John Kennedy.
A spokesman for an ISP trade group in the U.K. body told Reuters
that his group was holding talks on such matters, but said ISPs cautioned
against rigid legislation, preferring self regulation instead.
Related Links:
http://www.ifpi.org/content/section_resources/dmr2008.html
http://snipurl.com/1y61f
(Reuters)
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