Meanwhile, the global music market achieved a key milestone in 2015 when digital became the primary revenue stream for recorded music, overtaking sales of physical formats for the first time. Digital revenues now account for 45 per cent of total revenues, compared to 39 per cent for physical sales. IFPI’s Global Music Report 2016 also reported a 10.2% rise in digital revenues to US$ 6.7 billion, with a 45.2 per cent increase in streaming revenue more than offsetting the decline in downloads and physical formats
Tuesday, 12 April 2016
Davido jumps on Teehigh's Zero Smello (video)
Despite achieving success both on the Nigerian scene and continental scene, Africa’s best music star, Davido, still finds time to collaborate with unkonwn acts. This time, he jumps on a track with relatively known music act, Teehigh on his single, Zero Smello. Teehigh is signed to Buff Entertainment. READ ALSO: Must Read: Kogi governor, Yahaya Bello threatens Wada’s aides The official video was directed by Adasa Cookey for Squareball Films sees Teehigh and Davido portray a fun packed & catchy visual. ‘Zero Smello’ was produced by Spellz and is Teehigh’s second major single since debuting in 2015. Davido recently signed two new unknown artiste to his HKN/Davido Music worldwide imprints. Also, the music star pen a two-year endorsement deal with non-alcoholic beverage drink, Pepsi.
Meanwhile, the global music market achieved a key milestone in 2015 when digital became the primary revenue stream for recorded music, overtaking sales of physical formats for the first time. Digital revenues now account for 45 per cent of total revenues, compared to 39 per cent for physical sales. IFPI’s Global Music Report 2016 also reported a 10.2% rise in digital revenues to US$ 6.7 billion, with a 45.2 per cent increase in streaming revenue more than offsetting the decline in downloads and physical formats
Meanwhile, the global music market achieved a key milestone in 2015 when digital became the primary revenue stream for recorded music, overtaking sales of physical formats for the first time. Digital revenues now account for 45 per cent of total revenues, compared to 39 per cent for physical sales. IFPI’s Global Music Report 2016 also reported a 10.2% rise in digital revenues to US$ 6.7 billion, with a 45.2 per cent increase in streaming revenue more than offsetting the decline in downloads and physical formats
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