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Trends report – ‘A recovering record industry?’
By CMU Editorial | Published on Monday 3 March 2014
Recent figures from record industry trade bodies around Europe suggest that a new found optimism that emerged in the recorded music market about a year ago remains as we move through 2014. And much has been made of late about the role streaming services are playing in the recovery of the recorded music income stream, and the renewed optimism that is creating at the labels.
Though, in a CMU Digest report at the start of the year, Business Editor Chris Cooke noted: “Perhaps the key here is multiple revenue streams. Labels are reviving their fortunes by monetising their content – records and videos – in more ways than ever before, recognising that no one revenue stream is the assured winner, and that revenue types will vary greatly from act to act, and market to market”.
You can now read this trends piece from January – ‘A Recovering Record Industry?’ – on the CMU site at this link. And to receive a monthly overview of key trends in the music business, sign up to the new CMU Digest premium service. Providing a weekly news digest and monthly trends report, a CMU Digest subscription is just £4.99 a month, though the special introductory rate – £29 for the year – is still available for a very limited time. Click here to sign up.
