Global music revenues had risen for the first time since 1999 according to new research.The International Federation of the Phonographic Industry (IFPI) said that accelerating digital music sales had caused a 0.3% upturn in global revenues – a total of £10.9 billion.
“It is hard to remember a year for the recording industry that has begun with such a palpable buzz in the air,” said Frances Moore, chief executive of IFPI.
“These are hard-won successes for an industry that has innovated, battled and transformed itself over a decade.
“They show how the music industry has adapted to the internet world, learned how to meet the needs of consumers and monetised the digital marketplace.”
Global singles best sellers in 2012
Carly Rae Jepsen, Call Me Maybe, 12.5 million units
Gotye, Somebody That I Used To Know, 11.8 million
PSY, Gangnam Style, 9.7 million
Fun, We Are Young, 9.6 million
Maroon 5, Payphone, 9.1 million
Michel Telo, Ai Se Eu Te Pego, 7.2 million
Nicki Minaj, Starships, 7.2 million
Maroon 5, One More Night, 6.9 million
Flo Rida, Whistle, 6.6 million
Flo Rida, Wild Ones, 6.5 million
The music industry has undertaken a sizable campaign over several years to see illegal sites and services put out of business.
In the UK, the British Phonographic Industry (BPI) took action to the courts, obtaining a court order to force internet service providers to block access to file-sharing site The Pirate Bay.
The music industry has also started to refocus its efforts by targeting those who make profiting from illegal music possible, such as advertisers, as well as the piracy sites themselves.
Elsewhere, search engines like Google have been pressured to demote piracy websites in their search results.
More needs to be done on that front, IFPI said: “Searches for the names of popular artists followed by the term “mp3″ still return a large number of results for illegal sources on the first page.
“In August 2012, Google announced it would take into account the number of valid copyright notices it receives when returning search results. That was a welcome step in principle but unfortunately has not been translated into results.”