Vinyl Record Revenues Have Surpassed Free Streaming Services Like Spotify
In the new millennium, all physical music sales have been hemorrhaging market share thanks to iTunes pushing digital downloads out into the legal mainstream, and Spotify and other digital streaming services bringing whole catalogs to phones at a touch. But underneath the staggering 32.5% decline in revenues for CD sales according to RIAA’s 2015 mid-year stats, there is one stunning figure: vinyl’s revenues have grown 52.1% over the last year. – Ethan Wolff-Mann, Money Magazine
You must log in to post a comment.