Similar Stories to Music Streaming Is Finally The Industry's Biggest Revenue Source on Bing News

The Week - Business, The Week: Business
Tue, 04/24/2018 - 2:22pm

Video may have killed the radio star, but Spotify and Apple Music are poised to resurrect him. Streaming services are bringing in more revenue than CD sales and digital downloads for the first time in recording industry history, Reuters reported Tuesday. A trade group released an annual music industry report that showed revenues up to $17.3 billion in 2017, an 8.1 percent jump from the year before.

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Topics:  streaming   tidal   cd   spotify   apple music   reuters   revenue   industry   sales   reports   percent   services   downloads   
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