IFPI Digital Music Numbers for 2011

The IFPI have release some very interesting figures with regards to growth in 2011.

  • Digital trade revenue was up 8 percent to $5.2 billion.
  • That was the first year the growth rate increased since IFPI records began in 2004. Previously, growth rate of 10 percent in 2009 had sunk to five percent in 2010.
  • Globally, digital is now 32 percent of labels’ income, up from 29 percent (that is 52 percent in the U.S. and 71 percent in China). Download volume grew 17 percent to 3.6 billion.
  • Adoption of subscription services grew 65 percent to 13.4 million consumers. Remarkably, in Sweden, subscription contributes an impressive 85 percent of digital music revenue generally, thanks to its local hero Spotify.
Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Is There a Web based Shazam?

No, Shazam does’t have a web based service at this stage. Shazam does have a Windows 10 native app for desktop which will be your best solution. This is something that we use at work…

Spotify finds music almost as important as coffee for Monday motivation

Spotify wanted to find out how much music matters to you when it comes to starting a new week of work or school so they took a survey on cures for “the mondays”. On the…

Leave a Reply

Your email address will not be published. Required fields are marked *