This just in from Digital Music News, we’re not surprised. The death spiral towards the $3b annual record business is accelerating… One word to artists and music executives reading this post… “WINDOWING”…
May 10th, 2013:
“We have data that’s proving and demonstrating the fact that streaming revenue is additional to actual unit download consumption or physical music sales…”
Katie Schlosser, Spotify Account Manager of Label Relations, speaking at NARM.
September 12th, 2014:
“Streaming consumers are buying few albums. 30 percent of consumers are music streamers and a fifth of these consumers pay to stream. Streaming has driven new market growth in countries such as Sweden but in larger markets such as the US it is denting digital music buying.
READ THE FULL STORY AT DIGITAL MUSIC NEWS: