According to the annual report released in London by the International Federation of the Record Industry (IFPI), digital music sales in 2013 grew by 4.3% in the world driven by the rise of “streaming”.
The growing interest of consumers by subscription and “streaming” consumption without the need for download-services contributed to the increase in income in most of the major musical markets during 2013.
According to the IFPI, the digital market represented 39% of total record revenue, compared with 34% last year from 2012. Revenues from services “streaming” and subscription rose 51.3% globally, surpassing for the first time the threshold of one billion dollars (718 million euros), said the report. [...]