• MILITARY: Brazil-France submarine programme (Graphic DUE Mar 28, 15:00GMT)
  • SPACE: Calls for protected moon sites (Graphic DUE Mar 28, 16:00GMT)
  • ACCIDENT: Why did Baltimore bridge collapse? (Graphic DUE Mar 28, 17:30GMT)
  • For full details of graphics available/in preparation, see Menu -> Planners
El gráfico muestra el ingreso musical global por sector desde 2012 hasta 2019.
GN40333ES

NEGOCIOS

El streaming alimenta el auge de la industria musical

By Duncan Mil

July 1, 2020 - El streaming musical representó por primera vez el año pasado más de la mitad del ingreso de $20.200 millones por música grabada, llevando a la industria de nuevo a la prosperidad en la era digital.

In 2019, the global recorded music market grew by 8.2%, its fifth consecutive year of growth since 2014, when revenue was at a 20-year low of $14.0 billion, according to the International Federation of the Phonographic Industry (IFPI).

The latest IFPI Global Music Report, released in May, shows that music streaming revenue accounted for 56.4% of the overall recorded music revenue -- a 22.9% increase to $11.4 billion.

The growth was predominantly driven by paid streaming services -- once regarded with deep suspicion by both the artists and the labels -- with the number of paid streaming accounts rising to 341 million by the end of 2019 and associated revenue increasing by 24.1%.

The world’s top ten markets all demonstrated growth, except for Japan. There was particularly strong growth in paid streaming with all top 10 markets experiencing double-digit growth in paid streaming revenues.

For the fifth consecutive year, recorded-music revenue grew fastest in Latin America, increasing by 18.9%. Yet the region still only accounts for four per cent of the global business -- Latin America has just 45 million music subscribers out of a population of 650 million.

Sources
PUBLISHED: 01/07/2020; STORY: Graphic News; PICTURES: Associated Press
Advertisement