According to the IFPI – the organisation that promotes the interests of the international recording industry worldwide – 86 per cent of music listening is through on-demand streaming, but more than one-third of consumers obtain music through infringing methods.
The IFPI’s Music Consumer Insight Report 2018 examines the ways in which music consumers aged 16-64 engage with recorded music across 20 of the world’s largest music markets.
“This year’s Music Consumer Insight Report tells the story of how recorded music is woven into the lives of fans around the world,” commented Frances Moore, CEO of IFPI. “As it becomes increasingly accessible, it continues to be embraced across formats, genres and technologies.”
“Record companies are working with their partners to sustain and develop these rich and diverse ways in which music is being enjoyed, ensuring that it continues on its exciting journey around the world.”
“However, this report also shows the challenges the music community continues to face – both in the form of the evolving threat of digital copyright infringement as well as in the failure to achieve fair compensation from some user-upload services. Policymakers around the globe have been scrutinising these issues and increasingly acting to address them.”