Universal CFO Claims Music Sector Growth Still Possible

According the HollywoodReporter.com: "A somewhat brightening outlook for the global music market, including growth opportunities in the music publishing field, was in the spotlight…(at) the 13th annual Deutsche Bank Media & Telecommunications Conference. Vivendi Universal  chief financial officer Jacques Espinasse told investors in a webcast presentation that the music market remains tough, but lawsuits, growth in legal digital music usage and new marketing approaches are enabling its Universal Music Group to fight for future growth. He also signaled an interest in buying music publishing assets…"