ERA statement on IFPI Global Music Report 2016

This is a real breakthrough for digital services and a testament to 15 years of hard work and investment by ERA members.

 13th April 2016

"This is a real breakthrough for digital services and a testament to 15 years of hard work and investment by ERA members like 7digital, Spotify, Amazon, Deezer and Google Play. Working hand-in-hand with the labels they have created attractive, legal alternatives to the piracy which so blighted the music industry in the early 2000s."

"There is so much work to do, however, in creating legal services which appeal not just to those prepared to pay £9.99 a month for a premium service on the one hand, or those happy with an ad-funded service on the other - the big opportunity lies in creating services which cater to the neglected middle market. This is the real value gap in the market"

"Likewise we need to find ways for services to sustain themselves on a genre and national level as well as the great international giants. History teaches us that a diverse retail landscape is good for retailers and for content owners."

 

To download the full IFPI report click here

 

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