IFPI: Recorded music revenue rose 9.7% globally in 2018 driven by paid streaming

Paid streaming accounted for 37% of total global recorded music revenue in 2018, according to the IFPI Global Music Report 2019, which also shows that total streaming revenue grew by 34% and accounted for almost half (47%) of all global revenue. Meanwhile, physical revenue declined 10.1%, while download revenue was down 21.2%.

Source: There were 255m paid streaming users in 2018 – driving a 9.7% rise in global recorded music revenues to $19.1bn

Post a Comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.