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Streaming saves the music industry – What is new?

News you want to use week 15.

In the latest report from IFPI that covers the state of the global music industry we could read that the industry is doing pretty good. For the forth year in a row did turnover increase. Revenues are not driven by sales of CD’s instead is it streaming services that now are the backbone of the industry. Revenues from streaming increased by 34 % YoY and made up for almost half of the total revenues in 38 markets.

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