According to the annual report from the IFPI (International Federation of the Phonographic Industry), total music sales revenues in 2012 increased by 0.3% from 2011. This marks the first time that record sales have increased since 1999. Revenue from digital sales increased by 9% from 2011, and revenue from streaming services increased by a whopping 44%. The report also tells us that the best-selling song worldwide last year was "Call Me Maybe" by Carly Rae Jepsen (12.5 million units sold), and that for the second consecutive year Adele had the best-selling album, moving 8.3 million copies of 21 in 2012.
The most important number here is the increase in streaming revenue. And the news that streaming services now account for 10% of total revenue generated. Yon lies the future.
I will continue to buy physical CDs. Can't stop progress, though, won't complain, glad if artists get their share and appreciation. I just love the feeling of holding a new CD in your hands.
(Not toooo fond of the best-selling song though;))
I will continue to buy physical CDs. Can't stop progress, though, won't complain, glad if artists get their share and appreciation. I just love the feeling of holding a new CD in your hands.
(Not toooo fond of the best-selling song though;))
I will continue to buy physical CDs. Can't stop progress, though, won't complain, glad if artists get their share and appreciation. I just love the feeling of holding a new CD in your hands.
(Not toooo fond of the best-selling song though;))
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