Streaming made last year the music industry’s best since 2009

Consider that streaming accounted for only 9 percent of total American music revenue in 2011, and the continual growth sounds extremely promising. — and it’s not just ad money from folks listening for free. In the US, paid accounts doubled from 10.8 million in 2015 to 22.8 million last year, which brought in about a third of the total American music revenue. It’s unclear how many more users there are left to convert before these numbers plateau, but for now, they’re finally the biggest money-making model in the industry. – David Lumb, Engadget http://engt.co/2nFbT1w
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s