Streaming fuels music industry boom --------------------------------------- Music streaming accounted for more than half of the $20.2 billion recorded music revenue for the first time last year, driving the industry back to prosperity in the digital era --------------------------------------- Global recorded music revenues by segment (2019, $ billions) Physical (CDs) Performance rights Streaming Synchronisation* Downloads 2012 7.5 1 4.4 1.6 0.3 2013 6.7 1.4 4.3 1.8 0.3 2014 5.9 1.9 4.0 1.9 0.3 2015 5.7 2.8 3.7 1.9 0.4 2016 5.5 4.6 3.2 2.2 0.4 2017 5.2 6.5 2.6 2.3 0.4 2018 4.6 9.2 1.7 2.6 0.5 2019 4.4 11.4 1.3 2.6 0.5 --------------------------------------- Sync 2.5% Performance rights 12.9% Physical 21.8% $20.2 billion Downloads 6.4% *Music licence granting rights to synchronise music with visual media (film, TV, ads, games etc.) Streaming 56.4% Includes ad-supported and video stream revenues --------------------------------------- Source: IFPI Global Music Report Picture: Associated Press © GRAPHIC NEWS