Global Music Subscription Revenues Surpass $1 Billion with 28 Million Paying Subscribers
By Katherine Noyes Hard on the heels of the Entertainment Retailers Association's recent news that music streaming services' 2013 revenues were up 34% year on year in the UK, both the Recording Industry Association of America (RIAA) and the International Federation of the Phonographic Industry (IFPI) last week published reports indicating that digital subscriptions stand out as a ray of sunshine and hope for the beleaguered music industry. The IFPI recently reported that revenue from music subscription
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