Digital music sales decline for first time in 2013

Jan. 3, 2014 at 11:56 PM

NEW YORK, Jan. 3 (UPI) -- 2013 marked the first year digital music sales declined since the advent of Apple's iTunes store, industry analysts said Friday.

Digital track sales fell 5.7 percent from 1.34 billion units to 1.26 billion units while digital album sales fell 0.1 percent to 117.6 million units from 2012's 117.7 million, Nielsen SoundScan said.

By the second half of 2013, music executives began to concede ad-supported and subscription streaming services were hampering digital sales, Billboard said.

Overall album sales fell 8.4 percent on the year to 289.4 million units from 316 million in 2012. CD sales declined 14.5 percent to 165.4 million units, down from 193.4 million; however, vinyl continued its rebound, rising to 6 million units from 4.55 million in 2012.

Related UPI Stories
Latest Headlines
Trending Stories
House Majority Leader Kevin McCarthy drops bid for speaker
WikiLeaks offering $50K for video of Afghan hospital bombing
Murdoch sorry for implying Obama's not a 'real black president'
Reid sues exercise companies over eye injury
Lumber Liquidators to pay $10M in DOJ settlement