In Reply to: RE: Yes I read an interesting article in WSJ yesterday... posted by Larry I on September 21, 2016 at 05:32:39:
Piracy is actually trending down, although it's still a big problem. But according to Nielsen, which just published its 2016 mid-year report, the amount of money being spent on music is currently above last year's pace.
A lot of that money, however, is being spent on subscriptions to streaming services rather than physical media. Physical media accounts for 10 percent of sales and is holding steady. Far fewer people are buying downloads, however, as cloud-based streaming has supplanted downloading.
I really don't understand these posts that say streaming is in trouble. Tidal is having issues but I do not know a single person who doesn't use Spotify or Pandora multiple times a day and Nielsen's report seems to confirm that as the norm.
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Follow Ups
- RE: Yes I read an interesting article in WSJ yesterday... - Jeffrey Lee 09:23:30 09/21/16 (0)