For the first time since 1999, music revenues have seen an upward tick, reversing a dozen-year trend of losses, according to the International Federation of the Phonographic Industry (IFPI). While it’s true that the growth is pretty modest (up 0.3 percent), it is nonetheless growth.
Frances Moore, chief executive of the IFPI, praises this industry that has learned to be creative and change with the times. “These are hard-won successes for an industry that has...