Headlines: International Music Markets

  in Industry News

Aug 18, 2020

Streaming remains the global growth driver for the music business, across countries, cultures, and markets. 

Chinese music subscribers have doubled to 60m in two years (Music Ally)

China's market grew by 16% to $590.9m, becoming the seventh biggest recorded music market in the world.

How Britain Entertained Itself During Lockdown (ERA)

More than 93% of Amazon Prime Music Unlimited subscribers saying they will maintain their subscription and more than 60% of those paying for each of the Top 10 services saying they will continue to subscribe.

Warner Music Group Shows the Music Industry Can Be Profitable Again (Motley Fool)

Today, digital music represents 64% of recorded music and 42% of music publishing revenue. The mix of digital has increased steadily as streaming revenue has grown at a 42% compound average growth rate over the last four years.