Market for Recorded Music
Sales of recorded music have been rising steeply worldwide since 2014 and were already above the 1999 level in 2021.
The majority of sales are now made in the digital sector. The problems of music creators with the (hardly existing) value creation from streaming services or YouTube are well known and have remained unchanged for years.
The recording on a sound carrier is still urgently needed by contemporary music creators of various genres. Recordings serve as promotional material, for radio air play, and are important for operating in the increasingly important synch rights market. CDs are also still sold at the company's own events.
Info site http://www.musicaustria.at/praxiswissen/lizenzvergabe-fuer-film-werbung-und-computerspiele/