Beggars Group Now Has More Than 40% of Their Digital Revenues Coming from Streaming Services
Beggars Group recently announced that now 40% of their digital revenues are coming from streaming services.
In 2012, the label group generated 78% of its digital revenues from download sales and 22% from streaming. Then, in 2013 that changed to 70% from downloads and 30% from streams, but in the last six months, it’s shifted to 60% downloads and 40% streams.
“Indies are punching above their weight on streaming platforms. That much is clear… and when it comes to streaming, they are punching above their weight even more,” said Beggars.