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Music Industry: Boom or Bust

With a new year upon us there is always much anticipation on what is in store for the music industry. Last year digital music sales fell 9% to 117.6 million, while single track digital downloads dropped 12% to 1.26 billion. Album sales overall declined 11% (physical and digital) to 257 million. On-demand streaming service subscriptions … Continue reading

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Amazon Shows Their Muscles

Amazon has dominated books, music and videos; they have become one of the largest retailers of CDs and downloads.  Now they want to add streaming to the Prime service.  The catch is that Amazon wants to pay a low price tag to labels, which will keep down its Prime service subscription fee.  Amazon has offered … Continue reading

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The Lord Of The Streaming

The consumer trend of streaming is growing, as well as the consumer outlet.  Nowadays consumers are streaming unlimited amounts of music.  It is no wonder why the digital download is suffering.  Streaming was to be the new revenue of the music industry.  However, streaming has proved to bring in low profits and low returns.  Spotify … Continue reading