News Formal

Streaming helps boost 2018 music industry sales

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

International music body says it is much more optimistic now, describing a previous period when ‘we only had bad years’

London — Worldwide music sales rose nearly 10% in 2018, a fourth consecutive year of growth fuelled by online streaming, according to figures released on Tuesday by an industry body.

“We are now much more optimistic,” said federation CEO Frances Moore, describing the period prior to recent growth as a “mourn-fest” when “we only had bad years”. The streaming sector, which includes subscription fees and advertising income, grew 34% to reach $8.9bn in 2018.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Let the music play: Streaming helps boost 2018 music industry salesThe streaming sector, which includes subscription fees and advertising income, grew by 34% to reach $8.9 billion in 2018.
Source: ewnupdates - 🏆 30. / 53 Read more »