Swedish music industry up 4.2% in H1 2015, streaming makes up 84% of market

Tom Pakinkis

The Swedish music industry rose by 4.2% in the first half of 2015, with turnover topping SEK 507.5 million (approx £38.1m).

The first six months of the year saw streaming increase by 7.4%, according to the IFPI, with digital now accounting for 88% of total music revenue in the territory – 83.9% of total revenue now comes from streaming music services.

Streaming revenue stood at SEK 425.8m (approx £32m).

Physical sales continue to decline from SEK 69.8 million to SEK ...

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