Streaming platforms on way to curbing music piracy in India: Report
- The overall music industry is valued at ₹1,068 crore, having grown 24.5% in 2018
- Over-the-top audio streaming services contribute about 70% of it
New Delhi: The Indian music industry is battling its age-old challenge of piracy with the newly emerged category of audio streaming platforms. While the overall segment is valued at ₹1,068 crore, having grown 24.5% in 2018, over-the-top (OTT) audio streaming services contribute about 70% of it, according to the Economic Impact of the Recorded Music Industry in India, a report brought out by the Indian Music Industry along with consulting company Deloitte.
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