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Why China’s music streaming is leading the world

Image credit: Youtube. Some might imagine that Chinese customers would rather pirate songs than pay for them. However, anti-piracy moves by the government seem to have paid off. Beyond that, China has become a fertile market for music and content streaming.

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Streaming music has become Warner Music’s biggest business

Another milestone in the music industry’s shift to streaming: Revenue from the streaming business has become Warner Music Group’s biggest business.

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US recorded-music revenues rose slightly in 2015 says RIAA

US music industry body the RIAA has published its figures for 2015, revealing that recorded-music revenues rose by 0.9% last year to $7bn. That’s estimated retail value: the amount of money people spent on physical music, downloads and streams.

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