Indeed, total digital music trade income - including streaming revenues - accelerated in 2011, and is now starting to offset the industry's widely-reported decline in physical sales.

The BPI reports that trade income from digital music sales increased by 24.7% year-on-year to £281.6m during 2011 - 30.3% of the total income in the UK recorded music sector. Income from physical music sales dropped 14.1% YoY to £513.8m - claiming 64.6% of the total income in the UK recorded music ...