Recorded Music Market Stats for Norway 2013 – Music Streaming and Digital Account for Majority of Music Royalties

Figures for the recorded music business in Norway have been released for 2013. Norway are one of the leaders in the digital music world (along with other Scandinavian countries) and this is really shows in the 2013 figures.

  • Market worth = NOK 603m ($98m)
  • Growth of 11% year on year
  • Streaming Market worth  = NOK 394m ($64m) – 65.3% of the entire market

IFPI Norway praises local services like WiMP for helping boost the market but also adds there is still work to do to grow the market further, particularly among older consumers. “We’re working on increasing the use of streaming services through all age segments, with particular focus on the 40+,” it said in its report. “We believe that a greater age-related prevalence in the use of streaming services will contribute positively to the Norwegian repertoire.” With this in mind, it is optimistic for further growth this year.

wimp music streaming digital world norway tunes

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

New hires at Facebook may see music copyrights finally fixed on the platform

7 adverts for positions in music have been posted for Facebook to “ensure a comprehensive music strategy” as copyright issues over music plague the social media platform. Facebook is currently rife with copyright issues as…

Apple Music Beats 1 radio host Zane Lowe sees multiple stations in Beats 1’s future

Renowned radio DJ and head of Beats 1, Zane Lowe has revealed in an interview what he sees in the future of Apple’s 24-7 online radio station; even more stations. Zane Lowe, one of music’s…