Digital music in U.K. overtakes physical formats

Josh Peterson Contributor
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Digital music downloads and streaming revenues for the first time ever have surpassed those of physical CDs in the United Kingdom, according to the British Phonographic Industry. Digital music accounted for 55.5% of U.K. music revenue between January and April of this year compared to 31% of worldwide industry revenue in 2011, with industry revenues growing by 2.7% to £155.8 million.

Full Story: Digital music revenue overtakes physical formats in U.K. for first time

Tags : music
Josh Peterson