Digital music review

The International Federation of the Phonographic Industry has published its 2011 annual report which provides a comprehensive review of the international digital music market in 2010, including changing business models, the impact of digital piracy internationally and national governments’ attempts to address this issue. Digital revenues grew by 6% to US$4.6 billion, with over 400 licensed services and digital-music-revenue platforms now account for about 29% of recorded music sales. Digital piracy continues to erode revenues and file-sharing on unlicensed networks remains rife. Alternative forms of illegal distribution, such as cyberlockers, illegal streaming sites and forums, are also a serious problem.

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