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Streaming Makes Up a Third of the US Music Industry's Revenue

MULTIZ321

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Streaming Makes Up a Third of the US Music Industry's Revenue- by Jon Fingas/ Engadget.com

"Streaming music barely edged out CD sales last year, but it's not even going to be a close fight in 2015. The RIAA has published its mid-year sales stats, and streaming already accounts for 32 percent of the US music industry's revenue at just over $1 billion. It's still not as much of a money-maker as downloads, which pulled in 40 percent ($1.3 billion), but it's miles ahead of the 24 percent ($905 million) from rapidly declining physical sales. In short: if you demand a hard copy, you're now clearly in the minority..."

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Richard
 
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