Online music in UK outsells CD, cassettes and vinyl
“Figures from the Official Chart Company in the UK have revealed that for the first time ever online music sales have eclipsed the sales of traditional music formats such as CD, cassettes and vinyl.
During the month of January it has been revealed that over 150,000 songs were downloaded from sites such as MyCokeMusic. This will be good news for all those companies who are offering downloadable music content, and bad news for traditional music outlets such as Virgin and HMV, who will most likely have to start looking for alternative ways to offer their music over and above the traditional high street record store format.”
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