You are here

Spotify and Apple drive US music industry's 8% growth in first half

Wednesday, September 21, 2016 - 05:50

Los Angeles

AFTER almost two decades of relentless decline caused by piracy and falling prices, the music business is enjoying a fragile recovery, thanks to the growth of paid streaming services like Spotify Ltd and Apple Music.

Retail spending on recorded music grew 8.1 per cent