- - -

INVEST IN STOCKHOLM NEWSLETTER

SWEDISH WIRE NEWSLETTER

EMBASSIES/
CONSULATES
IN SWEDEN

EXECUTIVE JOBS

RSS FEEDS

TRANSLATORS

STOCKS

FLIGHTS, HOTELS AND HOLIDAYS

- - -
Investment opportunities

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

- - -
Rankings and surveys

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

Upbeat year for Swedish music industry

Sales of digitally streamed music increased 242 percent.

Iconic Swedish music festival files for bankruptcy
Spotify boosts Swedish record companies

Last year music sales in Sweden increased for the first time in a decade, boosted better digital legal alternatives such as Spotify. New figures indicate that the upbeat trend is solid.

During this year’s first six month Swedish recod companies and labels increased sales by 1.7 percent, according to new figures by trade organization Ifpi, the International Federation of the Phonographic Industry.

Lisa Cronstedt, spokeswoman at Ifpi in Sweden, said that better legal alternatives, the new “Ipred” copyright law and a good selection of music mainly explain the upswing.

"Sweden is still one of the few countries in the world music with a positive sales performance", she said.

Revenues from albums dived 18 percent but still contributes for 64 percent of the record companies sales. Digital music accounts for one-third of the sale, an increase by more than 100 percent.

Sales of digitally streamed music increased 242 percent during the period.

Swedish music service Spotify, legally offering instant access to millions of tracks, has became a power-player at both the Swedish and international music scene.

The controversial "Ipred" law came into effect on April 1 last year and gives copyright holders the right to require service providers to reveal details of users who share files, paving the way for legal action.

Until the "Ipred" law was introduced, Sweden -- home to one of the world's most popular filesharing sites, The Pirate Bay -- had widely been considered a haven for illegal filesharing.

 

Last Updated (Wednesday, 14 July 2010 18:06)

 

Comments 

 
#2 2010-07-20 18:39
242%. A transformation from a pirate haven to a growing market - thanks to robust copyright protection. That increase will translate directly into more jobs and investments in creators. Amazing results! Looking forward to a legal landscape in Canada that protects creators and those who invest in them.
Quote
 
 
#1 2010-07-20 17:14
Wow, 242%! Impressive, skål from Canada!
Quote
 
Banner
AdP right SKY
Most Read Searched  
Banner
Banner
Banner
Banner