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Canadian Heritage’s 2005 Music Industry Profile

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.

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