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[UMG, WMG] record labels and the music industry: opportunities and challenges

I. Every few years, this graphic from the Recording Industry Association of America (RIAA), reproduced by Matthew Ball, makes the rounds: It shows how a 15-year decline in recorded music revenue, precipitated by the cannibalistic effect of free downloads, is being reversed by the rise of subscription fees from digital streaming providers (DSPs). As I [...]
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