Stable first quarter sales

Music sales in the first quarter of 2007 remain relatively stable according to the latest sales figures from the Association of Norwegian Record Distributors.

Illustrasjon: graf (stabil)

Compared to 2006, music sales (including both downloads and physical units) dropped 1% in value in 2007’s first quarter. Sales of physical units dropped 4% in value in the first quarter while digital downloads nearly doubled its revenue in the same time frame. Revenue generated by downloads amounted to NOK 10,2m ($1,7m/€ 1,275m) in the first quarter, resulting in a 7% share of the total music market.

The domestic percentage of total sales of physical units was as high as 36% in the first quarter – more or less the same as in 2006.

The Association of Norwegian Record Distributors’ March sales figures show that overall sales of music (including downloads and physical units) dropped with 8% compared to 2006.

Sales of singles were down 29% in value while DVD music releases were down 25% in value.

Total 2007 sales so far amount to 2,1m albums, 114 000 singles and 64 000 Music DVDs shifted amounting to a revenue of NOK 131m ($21,8m/€ 16,3m). Digital downloads generated a NOK 10,2m ($1,7m/€ 1,275m) turnover.

These were the market shares in March:

EMI Recorded Music 30,6%
Universal 17,9%
Warner 14,9%
Sony BMG 13,4%
Bonnier Amigo/Tuba 5,8%
VME 3,9%
MO 3,8%
Master Music/Naxos 3,2%
Bare Bra / Tylden 2,5%
Playground 1,6%
MBO Sales Norway 1,3%
KKV 0,9%

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