Digital Music Sales will Reach $8.6 Billion in 2012

Online digital streaming revenues will grow at almost five times the rate of download revenues in 2012, according to the latest Global Recorded Music Forecast by Strategy Analytics.

Streaming revenues will increase 40 percent in 2012 — to $1.1 billion — while download revenues will increase by 8.5 percent to $3.9 billion.

Streaming services will be the leading revenue growth engine for the music industry in 2012, generating an extra $311 million — that’s $8 million more than downloads at $303 million.

via StrategyAnalytics

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About David H. Deans

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