PHYSICAL FORMAT revenues declined by 7.6%, a higher rate than the previous year, which saw a decline of 3.9%. The physical sector still accounts for 34% of the global market and is particularly significant in leading countries such as Japan and Germany.
2016 FIGURES BY FORMAT In 2016, global recorded music revenues totalled US$15.7 billion. They rose by 5.9% on 2015, improving on the previous year’s growth of 3.6% and marking the largest growth the industry has seen since IFPI began tracking industry sales in 1997 see IFPI Report 2017