Spotify launched in Indonesia. The world’s fourth most-populous country is a new battleground for streaming music, with Spotify and Apple Music facing off against several local services. The company is reportedly also looking at entering Japan and India.

2015 was a milestone year for streaming music in the US.

For the first time, streaming was the largest component of music industry revenues, comprising 34.3% of the market, just slightly higher than digital downloads.

Overall, music biz revenues in 2015 were up 0.9% to $7.0 billion.

Flat, in other words. So let’s try Indonesia! Yay!

Need social media training? Contact Furthr’s Andy Pemberton today

 

Posted in: Digital Training, Infographic of the day