Tag: music revenues
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...
November 28, 2019
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...
July 16, 2015
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...
March 7, 2015
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....
February 5, 2015
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...
February 3, 2015
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...
December 15, 2014
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...
September 27, 2014
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...
September 2, 2014
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...
August 30, 2014
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...
August 19, 2014
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...
February 26, 2013