An automated system of collecting point of sale information from record stores
Contrary to popular belief the 1960's, with the Beatles and the Rolling Stones, were not the boom era of the recorded music industry - this happened in the late 1970's. In 1978 retail sales of recorded music were Â£596 million (at 1983 prices) and this fell to Â£488 million in 1983 - a decline of 18 per cent in real terms. The recession had clearly affected the industry.
- This could also be of interest