IFPI the voice of the recording industry worldwide who represent the interests of 1,300 record companies from across the globe have just produced their music sales reports for 2013.
To get an overall perspective the total market has contracted by some 3.9% in value terms compared with 2012 but this is entirely due to the Japanese market which is still being disrupted. Excluding Japan we reckon the rest of this world basically flatlined. Europe is the largest world regional market with just under 36% of the world market.
The average (paid) subscription per subscriber rose by 8.1% last year and is now just under the $40 (£24) level:
- 2013 – $39.68
- 2012 – $36.70
- 2011 – $34.62
- 2010 – $40.25
Much much more from IFPI particularly on the digital front