International music trade body the IFPI has reported another year of positive trade sales. Total revenue increased at its fastest rate for 20 years, with streaming gains more than offsetting declines in sales of physical formats and downloads.
- Global recorded-music trade earnings increased 9.7% last year to $19.1bn, from $17.4bn in 2017, according to figures published by the IFPI. The rise marked the fourth consecutive year of growth since the IFPI began tracking the market in 1997.
Features and Benefits
- Details the global trade results published by the music industry group, the IFPI.
- Examines sales by format and service as well as providing a regional evaluation.
Key questions answered
- What share of global trade sales were generated by streaming in 2018?
- Which of the top 10 markets registered growth and how did the so-called emerging markets perform?
Table of contents
Twelve-year high for recorded-music trade sales
Latin America resonates while Europe stagnates
Positive medium-term outlook for trade sales