Post by danylo on Oct 18, 2022 22:06:01 GMT
Despite the pandemic, 2021 was a great year for the music industry. After all, it did beat 2020's numbers on several key metrics.
The only metric that 2021's numbers failed to beat 2020 in is global digital song sales and US digital album sales.
The global on-demand audio song stream numbers for 2020 is 2.17 trillion. However, 2021 saw 2.74 trillion streams. That's a +26.3% change. The total album consumption in the US is also up (802.5 million vs. 893.1 million — an +11.3% change).
Source: MRC Year-End Report US 2021
The only metric that 2021's numbers failed to beat 2020 in is global digital song sales and US digital album sales.
The global on-demand audio song stream numbers for 2020 is 2.17 trillion. However, 2021 saw 2.74 trillion streams. That's a +26.3% change. The total album consumption in the US is also up (802.5 million vs. 893.1 million — an +11.3% change).
Source: MRC Year-End Report US 2021
