Music CD and DVD sales in Japan dying; Western music biggest loser

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I just read an article on IT Media about music sales figures for 2007, published by the RIAJ, the Recording Industry Ass. of Japan.

The total units sold (CD, DVD, VHS, vinyl, etc) for the year were down 8% compared to last year at 318.66 million disks, with revenue down 4% to 391.1 billion yen (over 3.5 billion US dollars), making an average price per disk (or tape, etc) of 1,227 yen, or just over 11 US dollars. Note that this includes both singles and albums. Why the average earnings per disk increased by 4% is not discussed.

Sales of audio-only recordings were down 10% to 266.82 million disks, with a 5% revenue drop to 333.3 billion yen. From that total CD sales were down 10% to 260.34 million disks (representing 97.5% of all sales) and revenue down 5% to 327.2 billion yen. Album sales dropped 11% to 198.65 million disks with revenue down 5% to 280.2 billion yen, making an average price per disk of 1,410 yen or almost US$13 per disk. The biggest loser was Western music, which saw a drop of 23% in unit sales, representing a 17% revenue cut.

On the other hand, music videos were up 6% to 51.85 million disks or tapes with revenue up only 2% to 57.8 billion yen, representing about a 4% drop in price per unit. From that figure, almost all the sales were of DVDs, up 6% to 51.53 million disks with revenue up 3% to 57.4 billion yen.

The sales figures for pay downloads are scheduled to be released towards the end of February.

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