Music sales in the first quarter of 2007 remain relatively stable according to the latest sales figures from the Association of Norwegian Record Distributors.
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%
Sony BMG 13,4%
Bonnier Amigo/Tuba 5,8%
Master Music/Naxos 3,2%
Bare Bra / Tylden 2,5%
MBO Sales Norway 1,3%