The Economist writes that the music industry might finally be back:

• Sales of music grew last year, for the first time in more than a decade.
• The internet, long thought to be what was killing the industry, is finally saving it. Digital sales grew by 9% and now represent a third of the music industry’s revenues.
• Performance rights and licensing have also increasingly helped generate revenues.
• In 2011 there were only 23 countries with digital music stores. Now there are over 100.

Read more about the challenges that the industry still faces, some more facts and figures, and the importance of mobile over here.

Source: The Economist