Tag: music revenues

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WMG boss bullish on growth after $2bn of annual streaming revenue

“We’re now five years into the industry’s recovery. There are over 280 million streaming subscribers globally. And we still see plenty of room for more growth.” The words of Warner Music Group CEO Steve Cooper in his...
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Streaming on the rise in growing German music market

The recorded music market in Germany was up by 4.4% in the first half of 2015, with an 87% surge in streaming revenues playing its part. This is according to the half-year figures released by industry body BVMI, which announced...
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Streaming fueled German sales growth in 2014

Germany remains a music market dominated by physical sales – 75% of overall recorded music revenues in 2014. Yet the market’s overall 1.8% growth last year is being attributed as much to streaming’s rise, with digital...
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Pricing, Norway, Facebook and more

Our cover feature in this week’s Music Ally Report explores the ‘pricing crisis’ for the subscription music market. Services have innovated in lots of areas – from audio quality to the UX/UI across different platforms....
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Scandinavia, we have a problem: Swedish music sales also down

This time last year, Norway and Sweden were being touted as the bright future for the music industry, on the back of two years of rising recorded-music revenues fuelled by streaming. In 2015… not so much. Norwegian revenues...
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UK vinyl sales already past 1m units in 2014

It’s tempting for music fans to get over-excited about the latest sales figures for vinyl in the UK: 1m units already this year, up from 780,000 in 2013, and the highest total already since 1996. Arctic Monkeys, Jack White...
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RIAA figures reveal 4.9% drop in US recorded music revenues

The RIAA has released its official stats for recorded music revenues for the first half of 2014, and they’re likely to provoke the latest round of soul-searching over the sales-to-streams transition. Overall revenues...
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UMG revenues down, but $409m Beats windfall to come

Universal Music Group’s revenues for the first half of 2014 were down 10.4% year-on-year to €2bn, including an 11.8% decline in the group’s recorded music revenues to €1.6bn. While release schedules were cited as...
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Mexican streaming revenues more than doubled in the first half of 2014

Streaming music revenues rose 130% year-on-year in the first half of 2014, according to figures released yesterday by industry body Amprofon, and published by Music Week. That makes streaming 41% of digital music revenues...
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German music revenues dipped in the first half of 2014

German rightsholder’s music income dipped slightly in the first half of this year, although the 0.8% drop pales next to the kind of decline seen in the worse times of the last decade. Music industry body BVMI reported that...
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Record label revenues ROSE 0.3% in 2012 thanks to iTunes, Spotify and other streaming music services

The recorded music industry has finally some good news to celebrate – with global recorded music revenues increasing for the first time since 1999. The jump may be slight (revenues were up just 0.3% from 2011 to a value...
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BPI hails UK’s 12.6% share of global music sales in 2011

Forget the 51 weeks of the year when we all think music is RUBBISH: this week is officially 'Music is GREAT' week - a campaign to promote British music talent.