Posted: 15th Apr, 2003 By: MarkJ
Traditional UK music charts face an uncertain future because they've only ever been counted from shop sales.
It's a side effect of people choosing to download music from the Internet rather than buy it from a high-street retail outlet:
The Official Charts Co. (OCC), a joint venture between the British Phonographic Institute and the British Association of Record Dealers, said that it is developing a special chart to specifically track sales of music downloads, with the eventual aim of incorporating into the official UK singles chart.
OCC Internet chart is currently in development and the group said it should be up and running by October. When launched, the rankings are not expected to be based solely on downloads of singles, with downloads of music bundles and albums set to tie into the ratings system. The firm has already signed up on-line music distributor OD2 and it is in talks with several other major legitimate distributors of music on-line.The
ElectricNews item reports that new figures show a 7% drop in the value of world music sales and 8% in units during 2002.