Tag Archives: Digital Download

Apple may kill off iTunes music downloads entirely

It’s not a question of if but when Apple will phase out its online music store in favor of Apple Music, the company’s year-old streaming-music service, Paul Resnikoff for Digital Music News reports, citing sources with active business relationships with Apple. Apple subsequently told Recode that the Digital Music News report was “not true,” but would not eleaborate. – Business Insider via Digital Journal

Nielsen Music’s Year-End: Streaming Is Not Killing the Record Business

Purchases aren’t the entire story. On-demand streaming rose 54 percent to 164 billion songs, according to Nielsen Music. That increase of 57.5 billion tracks is equivalent to an increase in album sales of 56.1 million units — a number that exceeds the decline in track-equivalent albums (or TEA, a combination of album and track sales) of 47.9 million units. There were actually more streaming gains in 2014. Not included in the streams tracked by Nielsen Music are non-interactive digital services like Pandora and Sirius XM. This is a big chunk of money. The growth in Pandora’s royalties to rights holders in the 12 months ended September 30th is equivalent to about 16.3 million album sales. – Glenn Peoples, Billboard
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