Downloads are crashing across the music industry. But at Beatport, they’re actually climbing. Why?

The dance/electronic music platform is well and truly bucking the industry trend since it dumped streaming in order to re-focus on downloads in 2016 – then hired INgrooves founder Robb McDaniels last year to steer its ship.

According to McDaniels, speaking to MBW, Beatport achieved year-on-year global track-download revenue growth of 8% in H1 2018 versus the same period of last year.

This isn’t all coming from emerging markets, either: Beatport download sales in the United States were up 7% in H1 2018, while Germany was up 5% and the UK was up 12%.

In short: Beatport has come a long way since it nearly went bust under former owner SFX and was acquired by LiveStyle.

Source: www.musicbusinessworldwide.com

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