Music sales climb for fourth year, thanks to streaming

soft

Administrator
Staff member
st_20180507_icmusic07a_3964282_copy.jpg


Music sales in Singapore have continued to climb, achieving the highest numbers in over half a decade - despite listeners increasingly opting not to buy music.

Streaming services such as Spotify and Apple Music proved the biggest driver of sales, raking in $15.77 million last year, according to data from Swiss-based International Federation of the Phonographic Industry (IFPI).

In particular, paid subscriptions and video streaming saw significant growth, accounting for 68 per cent of the total revenue increase.

Read the full article at https://www.straitstimes.com/singapore/music-sales-climb-for-fourth-year-thanks-to-streaming
 
Back
Top