Global music revenue grew 3.2% in 2015 - report

Murray Stassen

Digital became the primary revenue stream for recorded music in 2015, overtaking sales of physical formats for the first time, according to the IFPI’s Global Music Report 2016.

Digital revenues now account for 45% of total music industry revenues, compared to 39% for physical sales.

The publication was revealed at a press conference in central London today, where IFPI CEO Frances Moore was joined by major label execs Stu Bergen, CEO, international and global commercial services, Warner Music Group, Edgar ...

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