Something shocking is happening in the EU music industry - sales of songs downloaded from the internet are growing at over 100 percent a year. From a blip in 2004 when Europeans downloaded just €21 million worth of music, a multi-billion euro market is being born and changing the landscape for good.
Standing at €279 million a year today, the sector will pass the €1 billion mark in 2008 and hit €3.9 billion in 2011, US analyst Forrester Research predicts. The more cautious music industr...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.