Sector sees second year of growth after recording 40% decline over previous 15 years, with streaming hailed as revitalising industry The once-ailing music industry has hit a "historical tipping point", recording its second year of growth and revenues of $15.7bn (£12.2bn) in 2016, according to a report. An in-depth look into the health of the music industry by the International Federation of the Phonographic Industry (IFPI) has shown that in 2016 there was 5.9% growth, mainly attributed to the m...
2016 marks 'tipping point' for music industry with revenues of $15bn
The Guardian - 25 Apr 2017 18:55
Sector sees second year of growth after recording 40% decline over previous 15 years, with streaming hailed as revitalising industry The once-ailing music industry has hit a "historical tipping point", recording its second year of growth and revenues of $15.7bn (£12.2bn) in 2016, according to a report. An in-depth look into the health of the music industry by the International Federation of the Phonographic Industry (IFPI) has shown that in 2016 there was 5.9% growth, mainly attributed to the m...
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