The Rise of Digital Music Over the Past 10 Years
 

The Rise of Digital Music Over the Past 10 Years
http://rack.3.mshcdn.com/media/ZgkyM...-iphone-dj.jpghttp://rack.3.mshcdn.com/assets/feed...013aed8d66.jpghttp://rack.1.mshcdn.com/assets/feed...3b7fd07c38.jpg
What would we do without digital-music services such as iTunes and Spotify? We'd all have excruciating commutes to work, that's for sure.

The industry has experienced a meteoric rise over the past decade. Global digital-music revenue reached $400 million in 2004, according to a new report from IFPI, a **nprofit organization that represents the recording industry worldwide. In 2013, revenue increased to $5.9 billion, most of which came from downloads, and was bolstered by subscriptions and ad-supported streams.

See also: Surprise! 12 Musicians Who Ig**re Traditional Publicity


The following chart, created by Statista, breaks down digital-music revenue over the past 10 years. Read more...

More about Music, Entertainment, Itunes, Business, and Digital Musichttp://feeds.feedburner.com/~r/Mashable/~4/NbQDXMBn1v4