Around the Net
Music Revenues Up, Piracy Down Across World
- Computer Business Review , Thursday, February 28, 2013 2:54 PM
Growth was due to implementation of licensed digital music services and rapid expansion into new global markets. The global music industry reported a 0.3% rise in revenues to $16.5 billion in 2012 for the first time since 1999, according to the International Federation of the Phonographic Industry's Digital Music Report. The report revealed that growth was due to the introduction of licensed digital music services and rapid expansion into new global markets.
