Wednesday, November 07, 2007

Recording Profits Up? Only In Canada

New figures from the Canadian government's official statistics department show that the Canadian recording industry turned a healthy profit in 2005, and that revenue from the sale of sound recordings increased 3.3 percent over 2003. That bucks the trend seen around the world.

There's no breakdown currently shown by musical genre, but a previous Statistics Canada study shows jazz revenues declining from 2002 to 2003.

Results from the new study are available here.

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