The music industry is still in rough shape, based on data released today by the Recording Industry Association of America. But U.S. digital revenues continue to climb, helped by the growth of so-called "access services" such as Spotify, YouTube, and Vevo.
And the bigger picture shows that the beaten-down industry is stabilizing. Recorded music sales slipped 0.9 percent from 2011 to 2012, totaling $7.1 billion. That's roughly in line with the total sales for the last few years.
Sales from digital formats, meantime, rose 14 percent from 2011 and last year surpassed $4 billion … Read more