Wednesday July 8, 2020

Music industry grows for the first time in a decade

The worldwide recorded music industry’s revenue grew 0.3% to $16.5bn last year, the first increase in more than a decade, as more people downloaded music and used streaming sites.

27th February, 2013
Adele’s “21” was the best-selling album last year.

The worldwide recorded music industry’s revenue grew 0.3 per cent to $16.5 billion last year, the first increase in more than decade, as more people downloaded music and used online streaming sites.

Adele’s “21” was the best-selling album and Carly Rae Jepsen’s “Call Me Maybe” was the best-selling single, an industry group representing music labels said in a statement today. Digital sales rose 9 per cent to $5.6 billion and now account for about 34...

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