animated film Frozen and Taylor Swift's 1989, whereas several artists did in 2013.) The following table shows album sales and market value in the world in 2014. Source: IFPI 2014 annual report. Recorded music retail sales 2000 In its June 30, 2000, annual report filed with the U.S. Securities and Exchange Commission, Seagram reported that Universal Music Group made 40% of the worldwide classical music sales over the preceding year. 2005 Interim physical retail sales in 2005. All figures in millions. 2003–2007 Approximately 21% of the gross CD revenue numbers in 2003 can be attributed to used CD sales. This number grew to approximately 27% in 2007. The growth is attributed to increasing on-line sales of used product by outlets such as Amazon.com, the growth of used music media is expected to continue to grow as the cost of digital downloads continues to rise. The sale of used goods financially benefits the vendors and online marketplaces, but in the United States, the first-sale doctrine prevents copyright owners (record labels and publishers, generally) from "double dipping" through a levy on the sale of used music. 2011 In mid-2011, the RIAA trumpeted a sales increase of 5% over 2010, stating that "there's probably no one single reason" for the bump. 2012 The Nielsen Company & Billboard's 2012 Industry Report shows overall music sales increased 3.1% over 2011. Digital sales caused this increase, with a Digital Album sales growth of 14.1% and Digital Track sales growth of 5.1%, whereas Physical Music sales decreased by 12.8% versus 2011. Despite the decrease, physical albums were still the dominant album format. Vinyl Record sales increased by 17.7% and Holiday Season Album sales decreased by 7.1%. Total revenue by year Global trade revenue according to the IFPI. By region Music industry of Asia Music industry of East Asia Music industry of Northern Europe Music industry of the U.K. Associations and organizations The List of music associations and organizations covers examples from around the world, ranging from huge international bodies to smaller national-level bodies. See also DIY ethic History of music publishing Independent record label List of record labels and :Category:Record labels List of best-selling music artists MIDEM-World's largest music trade fair Record label Music community White label Taylor Swift References Citations General and cited sources Further reading Lebrecht, Norman: When the Music Stops: Managers, Maestros and the Corporate Murder of Classical Music, Simon & Schuster 1996 Imhorst,