Digital revenues for record companies hit $5.2bn in 2011, up 8% year-on-year.
The International Federation of the Phonographic Industry (IFPI) Digital Music Report for 2012 found that a slower rate of decline in physical sales meant that overall the market’s drop slowed to 3%, at around $16.2bn.
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by David Moth
24 January 2012 11:38am
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