Digital music – additional information
The increase in digital music revenue, more specifically subscription and streaming services, may be down to the accessibility and availability of digital music. For legal downloads, consumers can pick between services such as Spotify, Apple Music, and Pandora. Of course, there are countless numbers of illegal sites which distribute digital music also. In 2017, approximately 53 percent of global internet users aged 16 to 24 admitted to accessing music through copyright infringement, the most popular method being music ripping.
Digital music sales have made a huge impact on the listings of best-selling lists with digital sales either being combined with physical sales or set apart. The list of the top-selling digital songs in the United States in 2017 features artists such as Ed Sheeran, Bruno Mars, and Taylor Swift. The title for the top selling digital song goes to ‘Shape of Year’ by Ed Sheeran. The song sold 2.17 million units in the United States from January to June 2017.
Nevertheless, the share of the digital music market does not always directly correspond to the value of the digital market. The value of digital music singles downloads in 2017 amounted to 650.8 million U.S. dollars, which marked a drop in value from 1.12 billion in 2015. The value of digital album sales also saw a decrease from 1.1 billion in 2015 to 624 million in 2017.