Income from recorded music
Total revenue for recorded music stood at 884MNOK in 2015 ($M104.4), an impressive 9 percent increase from 2014.
Digital, or streaming, was the driving factor to the increase. Streaming revenue was up 10% year on year. The growth makes up for the 44 percent decrease in downloads.
It’s worth noting that revenue from ad-supported streams are not included in this report.
Vinyl had yet a massive year, with sales making physical increase 48 percent compared with 2014. Vinyl sales itself grew 69 percent from 2014, due to more titles available and a general higher demand.
Norwegian music (music published on Norwegian labels) had a market share of 26 percent, up from 22 percent in 2014.
Export stood for 5 percent of revenue in recorded music, the same share as the year before. That equals to 46MNOK ($M5,4) in 2015.
Export is defined as “income generated in markets outside Norway by companies registered in Norway”.
Export generated income from recorded music is up 22 percent year on year. Since 2012, when the yearly tracking begun, export income from recorded music has doubled.
Income from the live sector
Total income from concerts in 2015 was NOK 1.929.000.000 ($227.868.736). This marks a year on year increase of 4 percent. The amount is generated from tickets sales in Norway and artist fees from concerts outside of Norway.
Export income from concerts equaled MNOK 114 ($M13.7), a drop of 6 percent year on year. The report suggests fall in artist fees as the reason for the decrease from 2014.
Income from copyrights
The report finds that copyrights income contributed MNOK 914 in 2015 ($M107.97), up 2 percent year on year. Export income stands for 9 percent of the total, equal to MNOK 80 ($M9.45).
Export income is defined as revenue transferred to Norwegian rights holders by foreign collective societies. A year on year comparison shows an increase of 17 percent from 2014.
Income from sync deals who are not done directly between copyright holders and/or publishers based in Norway are not included in these numbers.
Note: Amounts in US dollar is based on the currency exchange rate of December 12th, 2016 where $1 = NOK 8.44