Even with the music industry reporting a 0.3% increase in global sales for 2012, a new study out of the UK finds that illegal downloading is still rampant and close to matching the number of people paying for music.
According to the latest Digital Music Report from the International Federation for the Phonographic Industry (IFPI), music sales increased from $16.2 billion to $16.5 billion from 2011 to 2012, the first time sales went up instead of down in the past 13 years.
“It is hard to remember a year for the recording industry that has begun with such a palpable buzz in the air,” raved Frances More, chief executive of the IFPI in the report. “These are hard-won successes for an industry that has innovated, battled and transformed itself over a decade. They show how the music industry has adapted to the internet world, learned how to meet the needs…
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