Why 2016 Will Go Down As a Giant Year for the Global Recorded Music Business
Early indications are that the global recorded music business is set for its first significant recovery in over 15 years in 2016 – as streaming keeps growing in markets where many predicted it had hit its limit. Half-year 2016 data collated by MBW shows significant growth in no less than 12 key nations, indicating that a revenue increase in the region of 5% should hold true for the worldwide label business across 2016.
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