Make smart financial decisions with DailyFinance

Recording Industry in Australia 'announced' record-breaking sales

Following up David's question, posted yesterday, I came across some news about how ARIA, the Australian Record Industry Association played with words trying to conceal record-breaking sales figures. Read for yourself some results:

  • Sales of Australian recordings have increased 26% over the last calendar year from an annual value of $115 million in 2002 to $145 million in 2003;

  • Although album sales volumes are up by 7.85%, the dollar value of those sales has only increased by 2.12% which illustrates a significant drop in wholesale unit pricing to retailers over the last year;

Jeremy Higgs points to an interesting analysis of the subject at Ars Technica.



Reader Comments

(Page 1)

RESOURCES

RSS NEWSFEEDS

Powered by Blogsmith

Other Weblogs Inc. Network blogs you might be interested in: