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Digital makes up 50% of total music sales in 2016 - IFPI

Wednesday 26 April 2017 | 10:42 CET | News

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The global recorded music market reached USD 15.7 billion in 2016, with digital music sales accounting for 50 percent for the first time, according to the IFPI Global Music Report 2017. Total music sales grew a record 5.9 percent year-on-year. At the end of the year, there were 112 million users of paid music streaming subscriptions, driving year-on-year streaming revenue growth of 60.4 percent. Digital revenue growth amounted to 17.7 percent. Growth in streaming more than offset the 20.5 percent decline in downloads and 7.6 percent decrease in physical revenue. Streaming is also pushing

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Categories: Internet
Countries: World
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