Digital music revenues have surpassed the takings from traditional music formats for the first time, according to an industry report.Worldwide, digital revenues – from streaming subscriptions, downloads, and advertising revenue on sites such as YouTube – accounted for 45% of the total in 2015, compared with 39% for physical formats such as CDs and vinyl records.
http://www.theguardian.com/music/2016/apr/12/streaming-revenues-bring-big-boost-to-global-music-industry
Streaming growth helps digital music revenues surpass physical sales
Digital music revenues have surpassed the takings from traditional music formats for the first time, according to an industry report.