Full stream ahead as more people are choosing to pay for music

Consumers here are choosing to pay for access to music via streaming services, rather than own the tracks they like

The love affair between Singaporeans and music streaming is showing no signs of cooling, as more music aficionados ditch their CD and MP3 collections in favour of paid subscriptions.

Music streaming revenue jumped from US$5.3 million in 2015 to US$11.8 million (S$16 million) last year in Singapore, said Mr Ang Kwee Tiang, regional director of Swiss-based International Federation of the Phonographic Industry (IFPI).

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A version of this article appeared in the print edition of The Straits Times on August 01, 2018, with the headline 'Full stream ahead'. Print Edition | Subscribe