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Introduction

Ovum has published new forecasts for retail sales of recorded music that suggest little variation in overall spending levels, but the continuation of the transition from ownership to access.

Highlights

  • Global consumer spending on recorded music will change very little in the years to 2020, but spending on digital formats and services will overtake physical formats this year and go on to account for almost three-quarters of all sales in just six years.

Features and Benefits

  • The research note details the main conclusions of Ovum's recently published recorded music retail sales forecasts.
  • The research note explains why little change in global spending on recorded music may not be as bad for record companies as it appears.

Key questions answered

  • What will the retail value of the global recorded music industry be in 2020?
  • What share of global retail sales will be accounted for by music streaming in 2020?

Table of contents

Ovum view

  • Summary
  • Measuring the value of the recorded music sector
  • Small change overall but transition to access gathers pace
  • Different measures for a transforming industry

Appendix

  • Author

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