London – Global digital music revenues were up 6% in 2010 to
$4.6 billion, and accounted for 29% of total industry revenues last year,
according to a report from IFPI, an international trade group of record labels.
The report notes that digital sales grew over 1,000% from 2004 to 2010, while
overall music sales fell 31% during the same period.
IFPI also listed the top
global digital singles of 2010, with Ke$ha’s "Tik Tok" selling 12.8
million copies worldwide, followed by Lady Gaga’s "Bad Romance" (9.7
million); Eminem’s "Love the Way You Lie" (9.3 million); Lady Gaga’s
"Telephone" (7.4 million); Usher’s "OMG" (6.9 million); and
Katy Perry’s "California Gurls" (6.7 million).
"As we enter
2011, digital piracy, and the lack of adequate legal tools to fight it, remains
the biggest threat to the future of creative industries," said IFPI chief
executive Frances Moore.
"Many governments are now recognising the need
for proportionate and effective steps to curb piracy. In the last year, France
and South Korea implemented systems of warnings and deterrent sanctions that
will for the first time engage ISPs in reducing peer-to-peer infringement on
"Similar moves are underway in the UK, New Zealand and
Malaysia. The European Union is reviewing its enforcement legislation. The
momentum for a solution is building, and that is grounds for optimism."