Music Dying? The Facts Don’t Buy It

“It is easier to make the case that the music industry, far from imploding, is one of the great success stories of the recession. Last year sales of singles soared to an all-time record of 152.7m units, an astonishing 33% rise in a year when the whole economy (GDP) contracted by 3.3%. If the music pundits seriously think that these are not being bought by kids, then it shows how out of touch they are with their customers.”