20 06 14

Merlin maintains support for streaming music as revenues double

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With equity in Spotify and a willingness to speak out whenever it feels its membership is being disrespected by digital services, licensing agency Merlin is a long-time backer of streaming as a model that can benefit the independent music community.

That was reinforced last night as the company announced its latest financial data, other stats and predictions for the next year. The big numbers: Merlin’s revenues doubled to $89m in the year from May 2013 to April 2014, while in the latter month, the 1.4bn streams of its members’ songs was more than double that of April 2013.

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Stuart Dredge
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