For the 1st time, the global music market makes more money with digital format

The music industry found its turning point from physical to digital format in 2014, the year in which, for the first time, global sales generated less money for those working with the first option.

a report from the International Federation of the Phonographic Industry (IFPI) reveals that, although both formats had 46% of sales in 2014, the equivalent amount to physical music was US $ 6.82 billion, while digital obtained US $ 6.85 billion.

In 2013, physical disks had 49% of the market, but there was a fall of 8.1% in 2014. Digital ones, which had 43%, were up 6.9% in the same period.

The region where there was the most significant growth in music sales was Latin America, which apparently is now building the payment culture, as it had only US $ 490 million in 2013 and US $ 530 million in the following year (up 7.3% ).

The most mature markets are the European, which even after falling 0.2% bought US $ 5.36 billion in music, and the North American, with US $ 5.24 billion.

The main thing is streaming services, which had a 39% increase in the number of subscribers and 46.4% in the case of those who pay for premium versions. In total, there are 1.57 billion people listening to music in this way, of which 41 million spend some money.

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