Sights and sounds of music
By Chen Nan | China Daily | Updated: 2014-11-25 07:10
A new report suggests audio alone no longer drives the business, as fans take to downloading live shows, Chen Nan reports
Chinese music lovers are shifting from buying physical records to watching live music shows, a new report indicates.
The First China Music Industry Forum, which was jointly organized by the State Administration of Press, Publication, Radio, Film and Television, the Communication University of China and the Music Industry Promotion Committee, reported on Nov 6 in Beijing that the total size of China's music performance market reached 14 billion yuan ($2.28 billion) in 2013, while the total size of physical record industry was 650 million yuan.
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