Tuning into music's digital struggle

Legacy revenue sources in the music industry are still declining, but digital is yet to make up the shortfall. And the increasing popularity of pirated music spells more pain ahead.

The global music industry has been under siege for more than a decade, and newly-released figures show how far off it is from reversing the downward trend.

Recorded music revenue fell a further 3.9 per cent in 2013, to $US15.03 billion, according to the International Federation of the Phonographic Industry. This was a $623 million drop on the previous year.


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