Streaming Music Subscription Services Fuel Strong Music Market Growth
Futuresource Consulting has just completed their latest round of research into the global music market and the conclusion is that the industry is celebrating its strongest performance in 15 years. Global consumer spend across packaged, subscription and pay-per downloads grew by 5% to reach almost $19 billion, primarily fueled by the growth in streaming music subscription services, which accounted for one quarter of all music market spend.
