IFPI’s 2009 Digital Music Report

IFPI logoThe IFPI have released their report on the digital music market in 2009, a mixture of summary, opinion and statistics covering general developments in the online media market over the last year. Some highlights include interviews with the CEO’s of Spotify and the newly launched Sky Music, and some top line stats on the growth of the music market and it’s struggle with online piracy.

  • Global digital music trade revenues reach US$4.2 billion, up 12% in 2009
  • 400 services licensed worldwide by music companies with ISPs, mobile and other partners
  • New figures show local music collapsing in major markets as piracy bites into releases, sales and investment in France, Spain and Brazil

IFPI Digital Revenue Share

One of the more striking graphs they’ve published illustrates just how big a pie the music market remains, second only to the computer games industry in terms of digital revenues. Perhaps the music market could take cues from the games industry, which has two distinct models of revenue generation – premium products for sale with heavy DRM protection (facilitated by the increasing online elements of gaming) and free, ad supported casual gaming sites providing access to less spectacular, but almost unlimited content.

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

Lossless music and spatial audio comes to Apple Music App for Android

Apple recently updated its Apple Music app for android to introduce support fro spatial audio and lossless music quality.

Spotify Partners with GIPHY

Spotify have partnered with the Facebook owned GIPHY to connect users with artists’ music via GIFs.

One comment

    The music market is increasingly fragmented, but its only a matter of time until someone develops the appropriate platform.

    collaborative music website

Leave a Reply

Your email address will not be published.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