The IFPI has published its annual Recording Industry in Numbers report, showing that global recorded music sales fell 3% to $16.6bn in 2011 – an improvement on the 8.9% decline in 2010. The report reiterates that digital sales rose 8% to $5.2bn, while physical sales fell 8.7% to $10.2bn, meaning digital is now 31% of all recorded music revenues. The report also outlines a 4.9% rise in performance revenues to $905m, and 5.7% growth in synchronisation fees to $342m. The US is held up as a particularly good market in 2011, with revenues there falling just 0.1% to $4.4bn. It’s followed by Japan (down 7% to $4.1bn), Germany (down 0.2% to $1.5bn) and the UK (down 3.1% to $1.4bn). The IFPI notes that 17 countries saw recorded music growth in 2011, including Brazil (up 8.6%), India (up 6.2%), South Korea (up 6.4%) and Sweden (up 3%).
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In the year or so since its launch, AI startup Kaiber has been making waves,…