UK record industry nears $2bn in pandemic-hit 2020 – but streaming growth slows significantly

Subscription streaming pulls in over $1.5bn in retail revenue alone, according to ERA figures
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Fans’ Embrace of Streaming Sustained Music During A Tumultuous Year. Why, and What Does It Mean For 2021?

DiMA CEO Garrett Levin: “Any honest reckoning of our business must examine what happens to the 69 cents of every dollar that digital music services pay to record companies, music publishers, and PROs.”
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