It’s official: Music streaming is killing digital downloads faster than we thought
As for specific figures, streaming-based music revenue from sites like YouTube, Pandora, Spotify, and Beats Music increased by over 33% during Warner’s March quarter. Meanwhile, revenue from digital sales increased by only 7%. Which is to say, it’s not as if digital downloads are going the way of the dodo; rather, the popularity and ubiquity of streaming is skyrocketing, a market trend Warner Music is keenly aware of. – Yoni Heisler, BGR http://ift.tt/1KEqJYh
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