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Streaming Services now make almost half of Global Music Revenues

Roshan Dwivedi Published on : 03 April 2019
Oline Streaming Services make half of Global Music Revenue

According to a recent study, paid and ad-supported music streaming services now account for nearly half of all global music revenue.

The 2018 financial year witnessed a 10% rise in the global music sales from 2017, leading to the overall revenue of $19.1 billion, out of which audio streaming holds 47%. The revenue from music downloads collapsed 21.2% from the previous year’s stats to just 7.7% of the market in 2018.

Mainly, the big streaming players including Spotify, Google Play Music, Apple Music, Amazon Music, and Deezer have contributed the most to global music revenue and have developed a potential market around the music streaming services worldwide.

Written by: Roshan Dwivedi

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Upcoming Webinar
December 07

8:00AM PST

The Evolution of Streaming: Past, Present & Future with Muvi

Let’s uncover the past, navigate the present, and chart the course for what’s next in the dynamic world of streaming! In this webinar, we’ll embark on a journey through the dynamic landscape of streaming, exploring its roots, current state, and the exciting innovations shaping its future, all while uncovering the role of Muvi in this transformative journey.

Things the webinar will cover:

  1. Introduction to Streaming’s Origins:
    • Tracing the beginnings of streaming technology.
    • Milestones and key developments that laid the foundation.
  2. Current Streaming Landscape:
    • Overview of the current streaming ecosystem.
    • Market trends, consumer behavior, and the impact of global events.
  3. Muvi’s Contribution to Streaming:
    • How Muvi has played a pivotal role in the evolution of streaming.
    • Case studies and success stories highlighting Muvi’s impact.
  4. Technological Advancements:
    • Exploring cutting-edge technologies influencing streaming.
    • Muvi’s role in integrating and harnessing these advancements.
  5. Content Delivery Strategies:
    • Diversification in content types and formats.
    • Muvi’s solutions for optimizing content delivery.
  6. Monetization Models:
    • Examining varied revenue streams in streaming.
    • Muvi’s tools for effective monetization and subscription management.
  7. User Experience and Engagement:
    • Enhancing user satisfaction and engagement.
    • Muvi’s features for creating a seamless streaming experience.
  8. Future Trends and Innovations:
    • Predictions for the future of streaming.
    • Muvi’s roadmap and commitment to staying ahead of industry trends.

Event Language: English
1 hour