Recorded Music Market, Size, Emerging Trends, Top Manufacturers, Forecast to 2025: Music NZ, Warner Music Inc., Universal Music, Sony Music Entertainment
Digital streaming and downloads have dominated music consumption since the beginning of the 21st century. The recorded music companies continue to be a major stakeholder in the global music business. This market has been on the stage of transformation from physical to digital, downloads to streaming and ownership to access. According to IFPI (International Federation of the Phonographic Industry), Music recording is a physical record of musical performance that can be played back or reproduced.
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