Member labels of independent rights organization Merlin saw growth in both streaming and download revenue in 2012, according to numbers released by the organization Thursday. But the labels are doing the best at streaming services.
Over 92% of Merlin’s labels had streaming revenue growth in 2012. Over half of the labels increased streaming revenues between 50% and 100%. Seven percent of labels said streaming revenue remained flat and less than 1% said streaming revenue decreased.
The labels’ digital download revenue also increased in 2012, although to a lesser degree. Nearly 64% of labels reported gains in download revenue while download revenue remained unchanged for about 23% of labels. Nearly 14% of labels experienced a decrease in download growth.
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