Mobile/PDA About Us Advertise here


		User name	Password

		Not registered yet? Register here. Lost your password? Click here.

Browse by topic

News

iTunes: over 20M songs sold

9 December 2003 15:12 by Petteri "dRD" Pyyny | 1 comment

Apple's iTunes music store seems to continue to dominate the legal music download sector, despite ever-growing competition in the market. iTunes' director of marketing, Peter Lowe, told today in Music 2.0 event that Apple has now sold over 20 million music downloads through its service since its launch in April.

Interesting fact that he revealed was that 45 percent of all music purchases were made by purchasing a full album, putting in shame the loud complaints from various artists who don't want to see their music to be sold in single-track basis.

Apple also announced that its official goal is to sell over 100 million songs before next year's April. This would mean that the current sales levels would have to be increased quite dramatically. To help the company achieving this target, Apple has already signed various promotional deals with likes of AOL and Coca-Cola. Apple also has plans to launch a service in outside United States, but the schedule for such launch is not clear yet.

Source: MacWorld

Permalink to this article

MSN music downloading service to launch this week (30 August 2004)

Live performance MP3's to be sold in UK (25 August 2004)

Apple falls short of targets with iTunes (15 March 2004)

PayPal wants its share of digimusic biz (8 December 2003)

Some MP3s to go with that Coke? (8 December 2003)

Microsoft plans to launch music downloads service in 2004 (17 November 2003)

Napster 2.0 launched (29 October 2003)

iTunes for Windows launched (16 October 2003)

MusicMatch launched its iTunes-clone (29 September 2003)

Apple announced 40GB iPod, reports 10M sold tunes (8 September 2003)

Apple iTunes hits 3.5M songs sold - now selling 0.5M a week (9 June 2003)

iTunes hits 2 million sales (14 May 2003)

Apple's iTunes a whopping success (5 May 2003)

« Previous news article
MPAA plans to appeal the screener decision

Next news article »
Broadcast flag evaluated in BusinessWeek

Post your comment

Discuss this article!
Tedronai (Newbie) 9 December 2003 16:28
ooo.. at 1$ per song and 60% royalties to RIAA... theres 12 million dollars to the grandpa-suing corporate machine. [ + quote]