European and American song downloads rising fast

Updated
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“Europeans purchased over three million song downloads in 2003 from the continent’s primary online music store, OD2, raising faint hopes the lackluster music industry is on the road to recovery. […]

Still, the volume of downloads is growing 25 percent month on month, Grimsdale said, which would mean download sales should grow more than three-fold in 2004. […]

The more mature U.S. market is growing even faster. American music fans purchased 30 million download tracks in 2003 as online stores such as Apple Computer’s iTunes proved a big hit with consumers.”

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Dennis Lloyd

I'm a passionate, long-time lover of Apple products, and was a civil draftsman and graphic designer before creating the iLounge web site. My prior projects include work for The Los Angeles Times' LATimes.com, and the company Creative Domain, where I developed websites for clients including Columbia Pictures, Disney, Fox Studios, Universal Pictures and Warner Brothers. As the Publisher of iLounge, I direct the site's community forums, photo galleries, iPod User Group, and general business affairs, which have grown under my watch to over sixteen million page views every month. I'm happily married with one daughter, one dog (Rocket the Wonderdog), one cat (Ferris), many iPods, iPhones, iPads, and two turntables.