The importance of the neighbouring rights business was made crystal clear in the 2013 IFPI annual report, which showed record industry performance rights income topped the $1 billion threshold in 2013 for the first time in history.
Not only did this cash make up a very significant 11% of total EU record business income in 2013, it also showed exciting growth: the $1.11 billion total was up 19% year-on-year and a represented a stonking 42% jump since 2009.
At the ...
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