British have sold music through the Internet more than on compact discs
Last year became critical for the British musical industry. Legal sales through the Internet have brought for the first time more than CD
Incomes of sale of records on material carriers (first of all on CD) in Britain were reduced for a year to 11 % to 151,8 million pounds sterling ($299,4 million). But the total amount of sales in branch, according to company of protection of copyrights (MCPS) and companies of the rights of executors (PRS), has grown on 2,8 %. These two organisations which on behalf of alliance MCPS-PRS Alliance represent inerests of musicians in the British market and collect deductions under copyrights, have received past year from sale and reproduction of online records of 155,5 million pounds ($306,7 million) — on 7 % more than in 2006
"Our mechanisms of earnings became more effective, as a result we could divide for the first time half-billion pounds sterling between 50 000 members of an alliance", — general director MCPS-PRS Alliance Steve Porter has informed journalists Financial Times. The share of incomes of legal owners from the deductions paid by organizers of concerts and festivals especially fast grew. For 2007 the volume of such deductions has grown on 20 % to 17,5 million pounds ($34,5 million). Deductions for music use in pubs and clubs have grown on 4,1 % to 40,4 million pounds ($79,7 million), the Sheet newspaper transmits