The Subtle Shift Of The Music Industry


by SavvyRoo on Mar 30, 2016 | Views: 76 | Score: 0
StreamingPhysicalDownloads
2013145000000024450000002823000000
2014186800000022510000002575000000
2015240700000020240000002328000000
US music industry revenue by format
$
Sources: riaa.com
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SavvyRoo
SavvyRoo on Mar 30, 2016 10:49 AM said:

Over the last three years, the music industry at first glance appears consistently successful. Total revenue for the industry has hovered around 7 billion dollars, with little sign of decreasing. Nevertheless, significant changes are occurring within the industry's formats. Streaming, once the least profitable of the three major formats, has now surpassed downloads as the most successful format.