WINTEL 2018 ANNOUNCES NEW GLOBAL MARKET SHARE ANALYSIS OF THE INDEPENDENT MUSIC SECTOR
Independents Now Represent 39.9% of Global Recorded Music
Canadian Independent Music Market Share rises to 25%
Overall Revenues Up 11.3% Year on Year, Global Streaming Revenues up 46%
WINTEL 2018 is the third report produced for Worldwide Independent Network (WIN), mapping the global market share of the independent sector at copyright, rather than distribution level.
This new report was created and commissioned by WIN to analyse the global economic and cultural impact of the independent music sector. It is created by Mark Mulligan of MIDiA Research, and authored by Music Ally. The results, gathered from 33 countries, represent the most comprehensive assessment of the global independent record label sector ever compiled.
The report also provides a detailed breakdown of which charts are available in each country, information on specific rules such as how stream to download ratios are calculated, details about chart entry criteria and what the various national certification award thresholds are.
“WINTEL 2018 clearly demonstrates the strength and growth momentum of the global independent music community,” says Stuart Johnston, President of the Canadian Independent Music Association (CIMA). “Here in Canada, we’re seeing the domestic market share of our independent music companies grow year over year, which is a testament to their entrepreneurial spirit and of course, the talent of the wonderful artists that they represent.”
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