Forget CDs — streaming music now makes more money for the U.S. record industry
http://www.businessinsider.com/music-industry-revenue-by-format-type-2015-10
“Streaming is no longer the future of the music industry. It’s the present.
According to RIAA statistics compiled here by Statista, streaming services like Spotify and Apple Music generated $1.028 billion in sales for the U.S. music industry in the first half of 2014, up 23% from last year. That’s still behind digital downloads, but that portion of the industry is shrinking — down 4% from the first half of last year, to $1.268 million.
As far as physical formats like CDs go? That segment is continuing its long plunge, with revenues dropping 17% from the first half of last year, and is now in third place behind downloads and streams.”
Stephen
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Continuing the Discussion
@sabram I miss album liner notes 🙁