#on-demand streaming

[airtimesourcefabric-blog]

Visit Original Link

Podcasting and on-demand streaming, read more here: https://www.airtime.pro/how-to-publish-a-podcast-with-airtime-pro/

[fandation]

How Streaming hurts Digital Download sales

A little more than 10 years after Apple opened the iTunes Music Store and shook the music industry, it appears as if music downloads are about to suffer the same fate that many other forms of music distribution have suffered. After global download revenues declined for the first time in 2013, the negative trend appears to continue in 2014.

According to Nielsen's mid-year music report, music downloads in the U.S. suffered double-digit declines in the first six months of this year, as music consumption continues to shift towards streaming.

In comparing the first half of this year with the first half of 2013, you can see that on-demand streaming (Spotify, Beats Music, etc.) is up about 50%. Add to that the increase of on-demand music through video services like YouTube (+35%), and you can see why digital album sales are down almost 15% and individual track sales are down 13%.

CD sales are even down by more than 19% from the same period, but that most likely would have occurred even without audio streaming becoming as big as it is.

The anomaly is still vinyl album sales, which are up a whopping 40% over the same time last year. Still, it remains a micro-segment in the global music industry.