Every year we hear about how the music industry is falling off dramatically. This doesn’t seem to hold true in 2012, though, as projected album sales continues to decline only slightly year over year. While there are certainly no signs of growth, I suppose in a time where everything is going downhill, this might actually be a figure worth celebrating. This particular number reflects both physical and digital sales, as total falls but 4 percent while digital has made an impressive increase by 6%.
These numbers don’t include streaming and other subscription services, though, so it will be very interesting to see how the incoming models change the pace of growth in an industry that continues to be a struggle for so many aspiring musicians and business professionals. [via]