Posted by Glen Sears | September 8, 2015 11:49 am | No Comments
Story of the Week
Digital Song Sales Hit Seven-Year Low, Streaming Continues to Rise
15.66 million. The lowest weekly number in nearly eight years for digital songs sold in the U.S. According to Nielsen, the week ending Aug. 27 had the smallest weekly sum for song downloads since the week ending Dec. 9, 2007, when 15.64 million were sold.
Not surprisingly, as sales plummet streaming continues its ascent, with the same frame marking the highest week of total U.S. on-demand audio and video streams: 6.6 billion. The streaming surge follows as consumers adapt to free and low-cost streaming services (like Spotify, YouTube and Apple Music) and shift away from the pay-to-own model.
Read More: http://bit.ly/1PZrX2W
Other Important Headlines
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