IFPI digital report: Streaming subs hit boom period, but piracy still bites hard

Paying subscribers of streaming services hit 13.4 million in the year, according to the IFPI's new Digital Music Report 2012 - up from 8.2 million in 2010.

Spotify reports it has 2.5 million paying subscribers worldwide, including over 400,000 in the US market since its launch there in July - and that it sees its expansion in the US as a springboard to international markets.

Ken Parks, chief content officer, says: "We were very focused on how Spotify, which had ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start your 4 week Free Trial

Register for a Music Week trial to access this article.

Sign up for your digital free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music.

Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...