47% of global music consumption is now on YouTube

IFPI has this month released its Music Consumer Insight Report 2018. The report examines the ways in which music consumers aged 16-64 engage with recorded music across 20 of the world’s largest music markets.

Frances Moore, CEO of IFPI, commented:
“This year’s Music Consumer Insight Report tells the story of how recorded music is woven into the lives of fans around the world. As it becomes increasingly accessible, it continues to be embraced across formats, genres and technologies.

“Record companies are working with their partners to sustain and develop these rich and diverse ways in which music is being enjoyed, ensuring that it continues on its exciting journey around the world.

“However, this report also shows the challenges the music community continues to face – both in the form of the evolving threat of digital copyright infringement as well as in the failure to achieve fair compensation from some user-upload services. Policymakers around the globe have been scrutinising these issues and increasingly acting to address them.”

Download the PDF at IFPI

Download the PDF at IFPI

Posted byarketyp