The launch of MyCokeMusic, by The Coca-Cola Company, has boosted the online music sales in the United Kingdom with over 50.000 songs sold. According to the source, legal music downloads are now more common purchases than a DVD, vinyl record or a cassette tape. The CD single still is the dominant media though.
Last month, over 150,000 downloads were sold in the UK - measures as downloads from UK URLs to known UK IP addresses - with the launch of MyCokeMusic alone generating 50,000 sales in its first week online, outstripping vinyl, cassette and DVD sales, although CD singles still dominate the sales breakdown.
... The news comes at a point of mixed fortunes for the British music industry. While album sales in the UK continue to grow, downloads, both illegal and legal, have taken a bite out of the singles market. In 2003, unit shipments were down 30.7 per cent to 36.4 million and value was down 33.6 per cent to £64.4 million compared with 2002.Source: The Register