What's behind the power shift in the music industry?

How is the music industry doing?The music industry is doing an awful lot better than it was ten years ago and far better than many media sectors. In the first decade of this century, the global music business had a famously torrid time of it, as consumers pinched content for free via file-sharing sites. Sales of physical CDs collapsed and the nascent digital-download channel failed to make up the difference. Between 1999 and 2014, global revenues shrank by 40% and reasons to be cheerful were thi