Recording

Digital Music—Then and Now

2003 2007 Number of legal services Less than 50 More than 500 Licensed tracks for sale 1 million 6 million-plus Value of digital music sales ~$20 million 8/01/2008 8:00 AM Eastern

2003 2007
Number of legal services Less than 50 More than 500
Licensed tracks for sale 1 million 6 million-plus
Value of digital music sales ~$20 million ~$3 billion
Digital as a percentage of overall recorded music sales 0 15
Number of formats (videos, ringtones, etc.) available per artist release Less than 10 More than 100
Courtesy IFPI Digital Music Report 2008, www.ifpi.org

As you can see, a digital music market has exploded in the past five years, with consumers having access to more than 6 million tracks from more than 500 legal online services. Also, a single artist today can release an album in multiple formats, including video downloads, ringtones or mobile full tracks. For example, sales of Justin Timberlake's FutureSex/LoveSounds comprised 115 products that sold a total of 19 million units, of which only 20 percent were in CD format.

February

Grammy Awards

The Staples Center, Los Angeles, CA, U.S.

March
April

2015 NAB Show

Las Vegas Convention Center, 3150 Paradise Road, Las Vegas, NV, U.S.