By Leila Cobo and Ayala Ben-Yehuda
Reuters
Sunday, December 16, 2007; 9:53 PM
MIAMI/LOS ANGELES (Billboard) - After years of modest results, the digital marketplace in 2007 finally began to yield considerable revenue streams for Latin labels and acts.
Sales of Latin digital albums numbered 477,000 units by December 10, according to Nielsen SoundScan -- 1.6 percent of all Latin albums sold. That figure is still significantly less than the 10.4 percent portion of album sales overall that were digital, but far exceeds the 293,000 digital album sales tallied for Latin music in 2006.
Growth has been bolstered by iTunes Latino's solidified status as a destination for a vast, well-catalogued library of music and by the proliferation of videos by Latin acts now found on YouTube. Ringtones and master ringtones are also growing sources of revenue for Latin labels.
Following are five digital stories that altered the Latin music business in 2007 and will likely have an impact in 2008.
http://www.washingtonpost.com/wp-dyn/content/article/2007/12/16/AR2007121601903.html
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