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Music Industry Mix $1,352M (44%) $834M (27%) $905M (29%) $1,296M (42%) $1,028M (33%) $748M (24%) -4% 23% -17% Growth H1 2014 $3,091M H1 2015 $3,072M -1% Downloads Streaming Physical Total Overall revenue is declining but it will be interesting to see if streaming, the only segment with growth, can save the music industry.

Music Industry Streaming Revenue

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Page 1: Music Industry Streaming Revenue

Music Industry Mix

$1,352M (44%)

$834M (27%)

$905M (29%)

$1,296M (42%)

$1,028M (33%)

$748M (24%)

-4%

23%

-17%

GrowthH1 2014

$3,091M

H1 2015

$3,072M -1%

Downloads

Streaming

Physical

Total

Overall revenue is declining but it will be interesting to see if streaming, the only segment with growth, can save the music industry.