Despite growth, music labels warn: ‘We should never be complacent’
Posted on: 2 avril 2019, by : Eamonn Forde

Four consistent years of global growth is something to swell the record industry’s heart, and the 9.7% rise in 2018 means it is approaching double-digit growth – a big change from the double-digit decline that defined the first decade of this millennium.
There’s an increasing focus on the role that emerging markets – or ‘high-potential markets’ as the IFPI now calls them – may play for the industry in the coming years. But that’s tied in to other issues that labels are still keen to address.
The spectre of the value gap hung over the IFPI’s Global Music Report and press conference this morning, as it has done for the past few years, but the name ‘YouTube’ was not mentioned directly. Instead, it was the elephant in the room.
The post Despite growth, music labels warn: ‘We should never be complacent’ appeared first on Music Ally.
Source: Music ally

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