News: Global digital music sales grow

Global digital music sales have grown as the music industry develops new business models. The new business models are designed to offer consumers more choice. Yet generating value in an environment where 95 per cent of music downloads are illegal and unpaid for is still the biggest challenge for music companies and their commercial partners.

The IFPI Digital Music Report calls for ISP cooperation to become a reality in 2009. It shows an industry that has shifted its approach from one based only on unit sales of music to “monetising” access to music across a multitude of channels and platforms.