IFPI: Streaming services claim 20% of global digital music revenues
Streaming services now account for 20% of global digital music revenues according to the IFPI’s Recording Industry in Numbers 2013 report.
With subscription and ad-supported services combined, streaming services saw its share of global digital revenues grow 14% in 2012 compared to the previous year.
Subscription and ad-supported revenues now account for almost one third (31%) of all digital music services in Europe.
The report also reiterated the global recorded music industry’s “road to recovery”, first highlighted in the IFPI’s ...
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