Paul Resnikoff says: America may be losing its footing on the global stage, but its importance to the music industry remains paramount. That is, for any venture, artist or investor seeking a serious global footprint. According to the IFPI, the United States easily topped the worldwide ranking in 2009 with recording retail sales alone approaching $8 billion. That handily cleared second-place Japan ($5.5 billion) and dwarfed the third-place UK ($2.2 billion).
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