14-04-2015 17:24 via news.yahoo.com

Streaming, digital music revenues matched CDs for first time last year

By Michael Roddy LONDON (Reuters) - Digital delivery of music caught up with physical formats like CDs as a money stream for the first time last year, the trade association IFPI said on Tuesday. Piracy and free Internet sites remain a huge problem for an industry still reeling from the impact of turning music into digital form, which encouraged copying, bootlegs and free music sites, and led to a collapse in sales from $40 billion in 1999. IFPI, the International Federation of the Phonographic I
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