Heard on the Street: Spotify went public a year ago. There's been plenty of noise since, but nothing that has really changed the difficult economics of the streaming business
Globally, music-industry revenue rose 9.
7% last year, the best in at least 20 years, according to data released Tuesday by the International Federation of the Phonographic Industry. Streaming drove the tempo, with growth of 34%, while compact-disc sales slowed it down. But the drag from the decline of CDs, which caused the industry to shrink...
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