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Industry News
Music Industry NewsSHEET MUSIC Hitting the right noteAs the Frankfurt Musikmesse approaches, Music Week looks at the current issues and innovations within the UK sheet-music industry where the i-Tab is eagerly anticipated.ThE PAST FEW YEARS have not been the greatest for many businesses, but the UK sheet-music industry has weathered the recession well.Indeed markets in the UK and Germany (where this month's Frankfurt Musikmesse will take place) have remained stable, with the German publishing association Deutscher Musikverleger-Verband reporting that German music publishers "were able to achieve the same sales volume for sheet music in 2009 as in 2008, despite the continued competition from the illegal copying of music." Certainly the overall decline of the economy has suppressed expendable income," says Hal Leonard's director for European sales & marketing Mark Mumford, "and that's taken a bite out of the sheet- music industry, but thankfully less than the rest of the music products industry. It's still a challenge to get retailers to take in adequate inventory and to improve merchandising though."Faber chief executive Richard King believes that with sheet music being a highly-specialised niche sector involving a "relatively small number of dedicated enthusiasts," the market has proved largely recession-proof.
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