The Traderszone Network

Published in TZ Latest News 14 April, 2015 by The TZ Newswire Staff

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

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.

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