Music, Music Industry | featured news

The music industry, the first media business to be consumed by the digital revolution, said Tuesday that its global sales had risen last year for the first time since 1999, raising hopes that a long-sought recovery might have finally begun.

The struggling music industry hit a new low last week: Only 4.95 million albums were sold in the U.S. between August 8th and 14th — the lowest total since Nielsen SoundScan began tracking numbers in 1991. The one other time album sales fell short of five million copies? Earlier this ...