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Industry: Digital Music Sales Match Albums/Discs for 1st Time

Revenue from digital music matched that from physical albums and discs for the first time in 2014, a global industry body said Tuesday. The International Federation of the Phonographic Industry's annual report said digital and physical sales each accounted for 46 percent of the $14.97 billion in global music revenues. Income from performance rights and synchronization revenue made up the rest.   The old-fashioned vinyl format has had a renaissance and now accounts for 2 percent...

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