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Streaming Drives Global Music Industry Resurgence According t | Startups & VC

Streaming Drives Global Music Industry Resurgence

According to IFPI’s latest Global Music Report, worldwide recorded music revenues totaled $25.9 billion last year, up 18.5 percent from the previous year’s total of $21.9 billion.

Interestingly, the transition to digital distribution has both fueled the music industry’s decline and helped stop it.