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+ - Music industry thrives in an era of file sharing->

Submitted by
levicivita
levicivita writes "Zero Paid analyzes a recent study "Adding up the Music Industry for 2008" by "Will Page, the Chief Economist for PRS for Music, a UK-based royalty collecting group for music writers, composers, and publishers" which found that "total music industry revenues are up 4.7% since 2007 [which] corroborates what many studies have shown, that P2P actually increases music consumption." How is that possible? Will reports that "sales of recorded music fell 6% [...], digital was up 50% while physical dropped 10%, but concert ticket sales grew by 13%.""
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Music industry thrives in an era of file sharing

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