Streaming Music Services Are Saving The Music Business ... In Spain

There might still be some uncertainty about how streaming services will affect the global music industry, but in Europe, they’re pulling markets back from the brink of catastrophe. The Spanish organization Promusicae released a report Monday showing that, for the first time in 12 years, Spain’s market for recorded music has grown, and the report’s authors are giving streaming services all of the credit. “This improvement can be entirely placed on to the momentum of...

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