Frederick portfolio

Page 3

FOR THE FIRST TIME SINCE THE ITUNES STORE OPENED, THE U.S. MUSIC INDUSTRY FINISHED THE YEAR WITH A DECREASE IN DIGITAL MUSIC SALES.

4X

In 2013 vinyl records reached their highest sales mark in over 20 years

Vinyl record sales have more than quadrupled since 2007

Sales totaled 171 million dollars in 2012

$10

37%

Percent of music acquired by U.S. consumers that was paid for in 2009

$

BILLION

Since Napster emerged in 1999, music sales in the U.S. have dropped 47 percent, from $14.6 billion to $7.7 billion

Worth of music pirated annually in the U.S.


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