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

Published Tue, Sep 20, 2016 · 09:50 PM

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 to US$3.4 billion in the fir…

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