Streaming is Making More Money than Music Downloads Ever Did

It’s a scenario Steve Jobs thought would never materialize.

Streaming platforms in the US market are now generating more annual cash from music than digital download services like iTunes ever did.

According to RIAA data analyzed by Music Business Worldwide, the peak of download retail sales in the US market (inclusive of ringtones, music videos, ‘kiosk’ and other digital sales) came in 2012, when they topped $3bn at $3.02bn.

Read Article: MBW

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