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MP3s purchased hits 1 billion mark in 2008

MP3s purchased hits 1 billion mark in 2008

Tuesday 23rd December, 2008 12:00PM

Not a bad year for the music industry with over 1 billion Mp3s bought in 2008

This will no doubt further worry the CD side of the industry but the split has been coming for a while..

Vinyl (30s to 80s)
   -Tape (80s to 90s)
      - CD (90s to 00)
          - MP3 (00 to 10s)
             -Vinyl (10s ->)

Nielsen Soundscan reported that 1 billion digital tracks have been sold this year and it is believed the year will close at 1.04 billion, a 28% jump from 2007's sales of 844 million.

Of the year's total, 17% of the sales are of top 200 title. Soundscan started tracking digital sales in the middle of 2003.

The year's biggest seller is Leona Lewis' "Bleeding Love," which has moved 3.3 million copies to date.

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