People Still Buy Music: No, seriously, people bought more music in 2012
The record business might actually be on a bit of an upswing, if two new studies are any indication. According to the International Federation Of The Phonographic Industry, global music revenues rose .3 percent last year, to about $16.5 billion. That change might seem kind of piddling, but it's the first genuine upward movement since 1999. The same study also says that subscription service use is up, with about 20 million people (Out of 7 billion, but who’s counting?) paying regularly to stream music online.