Piracy Data: From Global View to Macroeconomic Trends
Over the last 20 years, piracy was the disruptor that transformed the music industry: recorded music revenues are now reporting solid growth in the US, largely in part because of the ‘streaming age’ which many are likening to the next format age in music, after vinyl, tape, CD and downloads – streaming revenues now account for a lionshare of total US music industry revenue.
YouTube Launches YouTube Music: a piracy fighter?
Another week, another streaming service launched. Entering the mix this week is Google’s YouTube, which has announced a music streaming service that will offer both videos and audio tracks for $9.99 month, as well as a free ad-supported option - YouTube Music.