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Digital music now makes more money than physical media worldwide

Digital music now outsells physical formats worldwide, nabbing 45 percent of all purchases in 2015 according to IFPI's Global Music Report.

Digital revenue accounted for $6.7 billion, thanks largely to a 45-percent increase in what streaming services took in. Despite industry revenue growth of 3.2 percent or $15 million for 2015, both physical sales and digital downloads declined.
 
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