Global Music Revenue Up 3.2% As Digital Passes Physical, Streaming Explodes – IFPI Global Music Report 2016

After 20 years of almost constant decline, global music industry revenue was up 3.2% last year, according to a report released today by the trade association IFPI. Leading the shift was explosive growth in streaming music revenue. ___________________________________________ Global music revenues increased 3.2% in 2015 to $15 billion, as digital…