These were entire music laboratories where the locals could practice and enjoy the most incrible harmonic modes and rhythmic patterns. It is that way of broadcasting and perceiving music that seem to Francis Bacon the ideal of the future, today has become part of our everyday life. In just a few years, streaming services have become the main way to consume music. And the revenue that streaming brought to the music industry return it to the financial power of the early 2000s. According to IFPI (International Feration of the Phonographic Industry) in 2009.
The total revenue of the entire business
Just under 70% of all local markets in the world Dubai Phone Number List were focus on the sale of physical mia. By the end of 2019, physical mia sales rank second ($4.4 billion) in the industry’s revenue structure, while streaming brought in $11.4 billion – more than 50% of all revenues. The number of users who paid for a subscription was 350 million, and exce $20.2 billion and approach the legendary revenue of 2003 of $20.3 billion. Music streaming turn out to be not only a convenient tool for the average user, who got immense music catalogs for a symbolic sum on his smartphone, but also a salvation for the industry itself.
Were also the last straw in a freeing
For a long time the largest music companies have BT Lists been losing huge amounts of money from online piracy. Streaming essentially adopt their illegal technology – and was able to return lost income to musicians and labels. But besides this, streaming services have chang the process of music production itself, allow the performer to act more flexibly and become more independent, strengthen local markets, forcing international stars to make room. Looking even closer at this musical revolution, it’s easy to see that streaming services of music from industrial copyright yoke that began long before the advent of the Internet and is now being complet before our eyes.
