CNN is reporting that more than 200 million songs were purchased online in 2004 and is expected to double in 2005.
“The IFPI said research firm Jupiter expects the $330 million online music market to double in 2005.
The increasing popularity of online music stores is welcome news to a music industry that blames digital piracy for more than two years of precipitous sales declines.”
The article says there are more than 1 million songs available for download on the net at this time.
Read more at CNN/Money
