Music, money and the digital divide
By Chen Nan | China Daily | Updated: 2014-03-27 08:34
China has been dubbed the great new hope for the licensed music market, but switching users from a free to a paid model may be challenging. Chen Nan reports.
The growing appetite of music fans worldwide helped drive trade revenue growth in most major music markets in 2013, with overall digital revenues growing 4.3 percent.
The findings were detailed in the International Federation of the Phonographic Industry's annual Digital Music Report.
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