Recording Industry Manages a Sliver of Growth for the First Time Since 1999
Global recorded music revenues grew .3-percent to $16.5 billion last year, marking the first increase since 1999. That’s the year, you’ll remember, that Napster and file sharing brought the industry to its knees. According to the report from the IFPI, growth is being driven by digital revenue, which was up 9-percent in 2012. That digital…