Sales

Encouraging News As Streaming Continues To Help Increase Revenue

I was sent an article earlier this week I wanted to share. In it, the authors point out that IFPI Norway has released data indicating a 7% increase in music sales in that territory in 2012

Increase aside, it is also important to note that digital revenue in Norway now represents a bigger piece of the revenue pie than physical revenue. (This change in growth is something I've discussed before here.)

This encouraging news shows that streaming services have begun to have a postive impact on overall music revenue.

It will be interesting to see how and where these changes happen as services like Spotify roll their products out across he world. Sweden has already seen a similar change, and that is where Spotify first launched.