Japan Hits a Sour Note on Music Sales

Written By The USA Links on Tuesday, 18 March 2014 | 20:57


WSJ.com: US Business

Japan Hits a Sour Note on Music Sales

March 18, 2014 2:35 p.m. ET


Even with the recorded-music business stabilizing in many countries, global music revenue shrank last year. The biggest reason: Japan's music market, the world's second largest after the U.S., is in free fall.


Revenue from digital-music sales in Japan sank 23% last year, while physical music sales slid 13%. Overall, Japan's entire music market shrank nearly 17% to 312.1 billion yen ($3.07 billion), according to the International...





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