It’s been a tough transition for the music industry since the decline of physical formats and the takeover of streaming. For Sony Music, things seem to have taken a turn for the better thanks to our boy Harry Styles‘ self titled debut record that was released in May this year.
Sony Corp have just released their reports of sales in the second quarter of this year, showing their biggest success since 2009. Their total revenue from streaming totaled a modest £263 million in the first quarter of the year, which was more than a 25% increase from last year.
Up against huge releases including The Chainsmokers and Japanese all-female pop band Nogizaka46, Harry swooped in and cemented his place as the number 1 best selling artist of Q2. So what caused such a dramatic increase in profits? Well, despite it being Harry Styles (who turns everything he touches into gold), reportedly the real reason is Sony’s partnership with Spotify. They’ve impressively managed to triple paying subscribers to the 60 million mark over the last couple of years.
Harry certainly has a lot to celebrate this year. With his album breaking records and his newfound place on the big screen, what could possibly be next for this star?
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