News Article(permalink)
The global recorded music business grew by 7.4 percent to $21.6 billion last year, an industry body said Tuesday, as streaming continued to drive a fast-paced recovery from the doldrums of the piracy era. Streaming platforms, led by Spotify, Apple and Deezer, now account for 62.1 percent of global music revenues, with some 443 million paying subscribers, according to the annual report by the International Federation of the Phonographic Industry (IFPI). er/lth
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