Wednesday, March 23, 2016

Apple's ITunes Overtaken by Streaming Music Services in Sales - Bloomberg Business

Apple iTunes store surpassed by ... Apple Music

"Streaming generated $2.4 billion in U.S. music sales last year, surpassing digital downloads as the recording industry’s single biggest source of revenue and propelling the business to its first year of growth since 2011.
The listening format contributed 34.3 percent of sales, edging past digital downloads, which contributed 34 percent, according to a report by the Recording Industry Association of America released Tuesday. Overall sales climbed 0.9 percent to $7 billion."
Apple's ITunes Overtaken by Streaming Music Services in Sales - Bloomberg Business
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