Online trumps physical for the first time in stagnant $15 billion global market.

With the music business trade fair midem set to draw more than 6,000 attendees from 70-plus countries to Cannes from June 5 to 8, an annual industry report finds that 67 percent of the world's music is still sold outside the United States.

That figure for 2014, which has fluctuated only a few ­percentage points during the past decade, is a reminder of the importance of international markets to American artists and to U.S. music companies whose executives attend MIDEM.

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