Music retailers sound ready to uncork the champagne on the news that overall sales for the music industry rose for the first time in seven years.
Overall sales were up just a modest 3 percent in 2011, Nielsen Soundscan reported yesterday, but from the music industry's point of view, any increase is manna from heaven. It was common during the 7-year slump to see double-digit declines.
Jim Donio, president of the National Association of Recording Merchandisers, the trade group representing music retailers, called the yearly sales figures "significantly positive."
According to Nielsen, digital album sales came in … Read more