Spotify, Apple Music and Deezer are set to benefit from a growing appetite for music streaming in Singapore, according to PwC Singapore. It predicted the sector will account for 90% of all recorded music revenue in Singapore by 2017. The figures followed International Federation of the Phonographic Industry data that revealed 2022 streaming sales reached $15.77m out of total revenues of $27.9m, while physical and digital sales slumped.
Spotify, Apple Music and Deezer are set to benefit from a growing appetite for music streaming in Singapore, according to PwC Singapore. It predicted the sector will account for 90% of all recorded music revenue in Singapore by 2022. The figures followed International Federation of the Phonographic Industry data that revealed 2017 streaming sales reached $15.77m out of total revenues of $27.9m, while physical and digital sales slumped.