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Report: online music sales up, iTunes leads

updated 03:00 pm EST, Fri January 21, 2005

iTunes leads sales


The U.K.-based International Federation of the Phonographic Industry or IFPI reports that the iTunes Music store . According to findings on the state of fee-based music download services this week, consumers in Europe and the United States downloaded some 200 million songs in 2004, a tenfold surge from 2003. Those downloads generated some $330 million in sales. According to Ipsos-Insight, about 35% of the U.S. population aged 12 and over has paid a fee to download a song. That translates to about 20 million people. The number of Americans who use file-sharing services to get their music is only slightly greater: 25 million at most.


by MacNN Staff

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  1. swatson

    Fresh-Faced Recruit

    Joined: Nov 2000

    0

    yeah but...

    the 20 millioin who bought a song, and the 25 million who use file sharing services are a lot of the same people. there is probably a lot of overlap.

  1. bigpoppa206

    Fresh-Faced Recruit

    Joined: Jun 2003

    0

    Well just as long...

    as Apple beats Real, I'm happy!

  1. reader50

    Administrator

    Joined: Jun 2000

    0

    the new baby boom

    If 20 million customers make up 35% of the US population aged 12 and over, the total US population 12 and over must be just over 57 million. According to the census bureau (census.gov), the total US population is 295+ million. So we have 57 million aged 12+, and 238 million citizens under 12 years old. No wonder holiday sales were so good this year.

  1. MCCFR

    Fresh-Faced Recruit

    Joined: Aug 2004

    0

    Interesting stats…

    It appears that, during 2004, over 200 million tracks were legally downloaded in Europe and the USA.

    Now we know that Apple's iTMS started 2004 on around 30 million tracks, and we also know that Apple left 2004 on around 218 million.

    So, it's entirely feasible that Apple shipped around 188 million tracks out of a global market for 2004 of around 249 million (otherwise, they'd be saying 250 million).

    For those who like percentages, but lack either the time, inclination or skills to work them out, that's 75% of the market.

    It must be nice being one of the other 229 services available globally fighting over the other 25%; obviously, Germany's Musicload has its act vaguely together - it shipped a whole one million tracks in December 2004 to be market leader in that country, which must at least make David Hasselhof a happy man.

    In any case, 61 million tracks divided by 229 (or even 261 million tracks divided by 229) does not make for very happy shareholder meetings if that's your main line of business.

    Amongst my favourite quotes from John Kennedy (CEO & Chairman, IFPI) is "Online music today offers unbelievable value for the consumer: for 99 cents in Europe…you can download a piece of music that will stay with you for life".

    Of course, staying "with you for life" is not really a likelihood if you decide to "rent" your music from Napster or whatever member of the Microsoft cult you happen to frequent, but it's interesting that Kennedy chose to phrase his comments in that way.

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