The music industry hit a peak in the '90s, but never quite recovered from the advent of mp3s and online filesharing. Yesterday, Nielsen, the company that keeps tabs on physical and digital music sales, rolled out a trove of data that surprised even some industry watchers. It seems that, even though album sales were down – about 8.5 percent, overall – digital music sales show BIG gains.
So the question is, are those sales enough to signal an end to the industry’s decades-long slump in sales? We're joined by Maura Johnston, writer and music business columnist for dailyfinance.com.