Streaming Accounted for 63% of Danish Revenues in First Half of Year
Streaming represented 63 percent of Danish recorded music revenue, an increase from 45 percent last year. Digital downloads’ share of revenue declined to 19 percent from 29 percent. Revenue from physical products — CDs and vinyl LPs — declined to 18 percent of revenues from 26 percent a year earlier. […] Other streaming-heavy countries in Scandanavia have had similar gains in the first half of the year. In Sweden, the home of Spotify and the country with the quickest embrace of music subscription services, streaming revenues grew 12 percent and accounted for 81 percent of all recorded music revenue. In Norway, streaming revenues increased about 16 percent and accounted for 77 percent of recorded music revenues. – Glenn Peoples,Bilboard
(Full Story: http://ift.tt/XPTsHT )
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