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Posted by on Aug 7, 2012 in Companies |

In Sweden, the market for music sales grew 30% driven by Spotify

In Sweden, the market for music sales grew 30% driven by Spotify

A study by the International Federation of the Phonographic Industry in Sweden (IFPI) , revealed that overall rose 30% in the first half of 2012 over the same period last year.

But the real news is this growth, but its composition, as this percentage is formed by a 2% drop in music sales in physical format and a peak between 60% and 64% in digital format within the which include revenues from a single source: streaming.

meant 57% of revenue from this growth of the Swedish market, which is underpinned by the main service stream born in the land of ABBA and Bjorn Borg: Spotify.

But perhaps not have been so important impulse has been given online music consumer pays it not for the way the Swedish government implemented certain laws rather than restrict, prosecute and censor content shared online, they encouraged promote the development of technologies based on communities that after so many years, and understand the value of a product to consume and pay for it, so consistent and fair to their needs and economic possibilities.

Do the labels that say about it? Appalling silence. Any business that is profitable by any means whatsoever is welcome, if they do budge on the potential of online content consumption and the paradigm shift with respect to commercial rights to the music.

Link: Helps swedish Spotify music sales rise 30.1% in first half of 2012 (musically)

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