Chart - Changes In Music Revenues By Type, 2011 vs 2012

While online and mobile music revenues are expected to show strong growth rates in both the US and globally this year, physical music sales are projected to be down by 9% in the US, and 12% globally, per a Strategy Analytics forecast released in August 2012. In the US, mobile music revenues will grow most rapidly, at 39%, followed by online (PC/laptop/tablet) revenues, at 10%. The expected growth in mobile music revenues in the US comes amidst recent reports from comScore indicating that 27.6% of the total US mobile subscriber audience listened to music on their device in the 3-month period ending in June 2012, up from 18% in the 3-month period ending in April 2011. Read the rest at MarketingCharts.

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