In March, the Recording Industry Association of America (RIAA) unveiled the 2014 market figures for the recorded music market. The stats showed moderate growth at wholesale level – for the fourth year in a row – with revenues up 2.0% at $4.86 billion and estimated retail value down slightly - 0.5% at $6.97bn.
But for many in the industry, what mattered was the state of the digital business, and the news from that segment of the market was both ...
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