Music Consumer Insight Report 2018
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86% of consumers listen to music through on-demand streaming

86% of consumers listen to music through on-demand streaming according to the Music Consumer Insight Report 2018 published by IFPI, the International Federation of the Phonographic Industry. The report is an in-depth study on global music listening habits which examines the ways in which music consumers aged 16-64 engage with recorded music across 20 of the world’s largest music markets. As music streaming becomes more popular, the report highlights the challenges the music industry faces […]

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Austrian music streaming grows by 61% in first half of 2018

Austrian music streaming grew by 61% in the first half of 2018 according to Austrian industry association IFPI Austria. Overall sales increased by 6.3% compared to the first half of 2017 generating revenue of €53.5 million. Revenues of €53.5 million were generated in the first half of 2018 on the Austrian music market with streaming subscriptions, downloads and physical media. This corresponds to an increase in sales of 6.3% compared to the first half of 2017. […]

Global Music Report 2018
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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 […]

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Streaming continues to grow in Germany

Germany’s Music Industry Association (BVMI) has released figures showing that sales figures for Germany’s music industry in 2017 have come in at nearly the same level as in 2016. Streaming continues its robust growth with physical recordings significantly less in demand. Revenue from the sale of CDs, records, DVDs and downloads as well as from streaming services totalled €1.588 billion in 2017 which marks only a slight decline of 0.3% compared to the previous year. […]