Record companies and managers of spreading music have realized at last that the radios and the physical format has its days numbered. While it is true that the best way to thank the musical content of your Idol is to buy his album, increasingly more are users who know that the record business does not correspond to the content offering, so music online such as Spotify and Apple Music platforms have become popular and have attracted millions of customers to your monthly subscriptions. The latest data let overwhelming figures of how Spotify is saving accounts of the major record companies and the music industry in general.
And according to the International Federation of the recording industry, music-producing companies have been able to Bill this year nothing less than 15,700 million euros. It is not bad the amount of money, in fact represents a 5.9% more compared to the last year. But… How has changed both the location of an industry that had fallen more than 40% during the last twenty years? much of the blame is the digital market, Spotify, iTunes, Apple Music and the rest of derivatives.
More specifically, half of the turnover of these companies come because this type of media, since they serve music on demand and on a daily basis to nothing less than 112 million users of payment, if we count the free users have to sign up to 212 million people. This means that industrial music found on the internet its best ally, and ending with the battle of illegal downloading, in fact, the pirated content has fallen nothing less than 20.5% tell us how at Economiadigital, which is very good news for the health of the digital content.