Music industry far from dead, new report says

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Reports of the demise of the music industry are apparently overstated, with global digital music revenues set to hit more than $20bn by 2015, out of which 35% are derived from Asia-Pacific. However, while this is a compound annual growth rate (CAGR) of more than 28 per cent from 2010 to 2015 in Asia-Pacific, researcher Ovum has found that the music industry is not maximising digital music ...

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