I'm several weeks late on this, but Canadian Heritage has released the 2005 Music Industry Profile. The most noteworthy data point comes in the introduction – Canadian artists have seen their sales increase since 2001. Sales of Canadian albums have increased from 6.8 million units in 2001 to 8.5 million in 2004, an increase of 25.3%. In contrast, foreign artists have seen their sales fall 20.2% over the same period. The result is a remarkable increase in Canadian artists' share of sales in Canada from 16% in 2001 to 25% in 2004. You read that correctly – despite CRIA's claims of woe, Canadian artists are enjoying unprecedented commercial success.
Canadian Heritage’s 2005 Music Industry Profile
October 6, 2006
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