Wednesday, 11 April 2012

If you don't want to see who is winning in the match between digital and hard copies of music, please look away now..

Available to the public, the IFPI Digital Report 2012 can be found here.

Some findings to stimulate interest can be found below.

Digital music revenues to record companies has grown by 8% globally since last year, where some markets including in the USA deriving over 50% of their profits from digital mediums.

"28 per cent of internet users globally access unauthorised services on a monthly basis, according to IFPI. Around half of these are using peer-to-peer (P2P) networks.  The other half are using other non-P2P unauthorised channels which are a fast-growing problem" (p.2 of 'Facts and Figures').

The report goes into depth on the relative success of recent anti-piracy initiatives internationally, including site blocking. The next big thing reads to be increased involvement from Internet Service Providers.

It's a fantastic read, where it really paints a bright future for the music industry, charting the rise of subscription services.

The PDF also lists the most comprehensive database of legitimate music services, globally. There are around 500, in 78 different countries. Here in the UK, there are around 70 in addition to the big boys such as Spotify, Deezer and I-Tunes..

Why not check out Rara or Boomkat?





2 comments:

  1. Excellent links! Had no idea there were so many digital services. I dare say too many though? Dave

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  2. Hi there. Thanks for checking out the blog.

    I know what you mean, it's an overwhelming volume of services. I doubt they will all last. Things seem to be good just now though. Hard to tell where it's all going, but it looks as though it will definitely be digital.

    Yey/ney?

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