14-04-2015 02:37 via news.yahoo.com

For first time, digital music matches physical sales

Fueled by the popularity of streaming, digital music has matched and will likely soon surpass physical formats in the money it generates, a global industry group said Tuesday. The IFPI, the London-based body for the recording business, described the boom in streaming services as good news for the industry even though overall revenue still slipped in 2014. For the first time, digital and physical music sales were roughly even with each representing 46 percent of revenue for the industry, with rig
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