Some positive signs on the home market; sales are up 14% in October.
The latest figures from the Association for Norwegian Record Distributors show that revenue from music sales rose 14% in October 2006 compared to last year.
Domestic repertoire had a field day in October with an increase of 45% in volume and 53% in value for physical goods. Norwegian releases accounted for 46% of units sold on the home market last month.
Sales of singles are down 50% in volume and 61% in value in October 2006 compared to last year.
Sales of music DVDs were down 23% in volume and 15% in value last month.
So far in 2006, 7,6m albums, 225 000 singles and 259 000 music DVDs have been sold resulting in a total turnover of NOK 506m (€ 61,8m/$ 79,46m). Compared to 2005 this is a reduction of 13% in volume and 14% in value for sales of physical goods. Download sales amount to a turnover of NOK 18m (€ 2,19/$2,82m). Combined sales of both physical units and downloads are down 11% compared to last year.
These were the market shares in October 2006:
Sony BMG 22,7%
EMI Recorded Music 14,1%
Master Music/Naxos 4,1%
Bonnier Amigo 2,6%
MBO Sales Norway 2,6%
Bare Bra / Tylden 1,2%