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Digital sales of all kinds now make up about sixty eight % of complete gross sales revenue for the recorded music trade. Streaming shops, which embrace “on-demand” services like Spotify, Rhapsody and Google Play Music All Access; Web radio like Pandora and iHeartRadio; and even video services that use music, are now 27 p.c of the whole. In response to the report, 7.Eight million people within the United States paid for subscriptions to digital services (up from 6.1 million at the end of final yr).
The drop in obtain sales has been a serious fear within the music enterprise. After fast progress following the introduction of Apple’s iTunes store in 2003, download gross sales in recent years started to cool. Strict causality between the rise in streaming and the fall in downloads could also be tough to show to a scientist’s satisfaction.