Latest Music Sales Numbers Confirm Current Trends: CDs Down – Downloads Up
According to the latest Nielsen SoundScan figures, 229.8 million albums were sold in the U.S. between Jan. 1 and July 1, a 15 percent decrease over the same period last year. Meanwhile digital tracks sales increased 49 percent to 417.3 million this year. However, the decrease in album sales becomes only 9.2 percent when digital singles are bundled together and counted as albums. Television continues to sell music. Former American Idol...
Terra Firma Extends Deadline – Again
Terra Firma has extended the deadline to July 12 on its $4.84 million / £2.4 million acquisition bid for EMI — again. This is the second extension issued for shareholder approval. Terra Firma stated that the offer “is being extended and will remain open for acceptance until the next closing date, which will be 1pm (London time) on 12 July 2007.” A Terra Firma representative had stated the equity firm was willing to...
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