Japan recorded music revenue drops 5.5% in 2014
Japan's recorded music revenues dropped 5.5% in 2014, according to data in IFPI's recently published Recording Industry In Numbers annual report.
As the second largest music market in the world, the decline in Japan helped reduce the industry’s overall global revenues in 2014 - which fell 0.4% to US$14.97 billion.
The US was the biggest market overall, with a trade value of US$4.9bn, up 2.1% YoY. Next up was Germany at US$1.4bn, up 1.9% YoY.
Recording Industry in Numbers provides ...
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