Global recorded music industry revenues topped $20bn last year – but streaming growth slowed

The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed i…

There were 255m paid streaming users in 2018 – driving a 9.7% rise in global recorded music revenues to $19.1bn

2018 marked the global recorded music market’s fourth consecutive year of growth, says IFPI
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