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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1277 |
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This phenomenon has been occurring around the world, as global record sales slumped from US$38 billion in 1998 to just over US$30 billion in 2003. Just from simple illegal music downloading alone, music retail sales in Canada fell by almost 30 percent in 2003. Sales in Germany are down more than 30 percent in three years...
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Sales in Germany are down more than 30 percent in three years. Album sales in Denmark slumped 50 percent over that same three-year period and sales in Italy have fallen by 50 million euro between 2001 and 2003 (IFPI 2004).
According the Singapore Press, worldwide sales of music (CDs, tapes, minidisks, etc...
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General points of the essay
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