Revenue from recorded music comes from the sale of music recordings in various formats such as CDs, downloads and streams. The figures reflect music paid for at consumer price level, but in order to avoid double counting, the copyright portion of the recorded music revenue has been subtracted and accounted for along with other copyright revenue.
Total revenue from recorded music amounted to almost two billion Swedish kronor, which is an increase of 12 percent over the previous year. The explanation lies primarily in the increased revenue from streamed music as well as an increase of revenue from abroad.
In the domestic market, revenue from recorded music rose to almost 1.6 billion Swedish kronor and export revenue – which mainly relates to revenue from foreign based licenses to Swedish music companies – rose to 426 million Swedish kronor.
The chart below shows the market development for recorded music from 2009 to 2015 and has been compiled with the help of data provided by IFPI and based on assumptions on the market for streaming music when it comes to the number of monthly Spotify subscribers.
The chart below shows the breakdown of revenue from recorded music in different formats from the domestic market over the period 2009–2015. We see how consumption in Sweden has shifted from physical and downloaded formats to streaming music services, and 85 percent of revenue now comes from streaming music services. Essentially, these revenue come from primarily Spotify subscriptions.
Sales of music in physical formats – mainly CDs and vinyl, but also music-related DVDs totaled just under half a billion Swedish kronor.