Keeping track of new music, media and industry news.

A rare piece (well, two pieces) of good news for the music industry as the International Federation of the Phonographic Industry reported that global revenue rose to $16.5 billion last year. While that’s only a 0.3% boost, it’s far from insignificant; in fact, it’s the first increase since 1999.

This may be partly attributed by a separate report by the NPD Group that reveals p2p filesharing fell 17% in the US last year. Say what you like about stingy royalties from free music streaming services, a pittance is better than nowt…