Fairness Rocks News THE MAJOR LABELS GENERATED OVER $1.5BN MORE FROM STREAMING IN 2018 THAN THEY DID IN THE PREVIOUS YEAR

Home Industry News THE MAJOR LABELS GENERATED OVER $1.5BN MORE FROM STREAMING IN 2018 THAN THEY DID IN THE PREVIOUS YEAR

Author: TIM INGHAM

Date: February 22, 2019

Original Source: Music Business Worldwide

Industry News

THE MAJOR LABELS GENERATED OVER $1.5BN MORE FROM STREAMING IN 2018 THAN THEY DID IN THE PREVIOUS YEAR

Across the whole of 2018, the three major recorded companies combined generated an average of $19m each day – or just under $800,000 per hour – from streaming services.

Read more: https://www.musicbusinessworldwide.com/the-major-labels-generated-over-1-5bn-more-from-streaming-in-2018-than-they-did-in-the-previous-year/