Is The Music Business Finally Rebounding? New Numbers Say Yes.

Great article in Forbes magazine last week about the music industry’s rebound, entitled “Is the Music Business Finally Rebounding? New Numbers Say Yes.” For the first time since 2004, overall music sales are up. Sales aren’t up much (1.4%), but it’s been eight years since sales have been up, at all. A great sign, regardless of your measure. Also, 2012 is already shaping up to see huge focus on live shows/merch & sync licensing as new focus areas of growth for artists and labels. This is going to be one exciting year for the music industry.