May 15, 2008:IFPI reveals 2007 recorded music revenues decline

The IFPI has published its latest set of data on recorded music sales in 2007, including performance rights revenues as part of the total figure for the first time. Strip those out, and you'e left with recorded music sales of $18.8 billion in 2007, down 4% from 2006. Digital revenues increased by 39% during the…