News about HiRes Audio and digital audio
Global streaming grows by 41.1% in 2017
Global recorded music – key figures for 2017 Global revenue growth: +8.1% Digital share of global revenues: 54% Digital revenue growth: +19.1% Growth in streaming revenues: +41.1% Physical revenues: -5.4% Download revenue: -20.5% Global recorded music revenues increased by 8.1% in 2017 driven by a 41.1% increase in streaming revenues. With 176 million paying subscribers, streaming is now the record industry’s largest revenue source according to IFPI in its Global Music Report 2018. This is […]