Phonographic industry grows for the first time since 1999

The global music industry revenue increased for the first time since 1999, thanks to the great expansion of signature services and digital music downloads. Although revenue increased just 0.3% to $ 16.5 billion, the resumption of growth indicates that the industry finally begins to recover from the collapse of CD sales and rampant piracy which has faced over the last ten years.
"The world music market has advanced on the road to recovery," said Frances Moore, Chief Executive of the International Federation of the Phonographic Industry (IFPI), which brought together the Association data.
Moore pointed out that the recovery is "fragile" and that the market is still "harmed by illegal free music", with one-third of internet users regularly accessing unlicensed sites. "It's a hard won success by an industry that innovated, struggled and turned over ten years," he said.
In 1999, when the charts were led by the Backstreet Boys and Britney Spears, and the revenue consisted almost entirely of physical products such as CDs, the recipe came to a peak of $ 27.8 billion-almost 70% more than in 2012.
Physical products revenue is still falling-5% down to $ 9.4 billion by 2012. This loss, however, is now offset by digital revenue growth with the Apple iTunes store; with subscription sites like Spotify; with systems funded by ads, like YouTube, Google; and digital radio services like Pandora.
In 2012, the digital revenue rose 9% to $ 5.6 billion, representing one-third of sales in the market. Digital systems have become the main source of revenue to record companies in countries like India, Norway, Sweden and United States.
Last week, the "Financial Times" reported that Google is negotiating with major labels to launch a paid service to play songs in streaming, the file is not downloaded, to compete with companies like Spotify and Deezer.
The number of people who pay for subscription services rose 44% in 2012, to 20 million. About 70% of sales still come from the digital download of music tracks, but the signatures represented more than 10% of digital revenue for the first time.
The Enders Analysis predicts that the us may have a 50% increase in revenues from subscription services this year. The Spotify provides that will pay $ 500 million to the labels in 2013, almost the same as paid in total since it began operating in 2008.