The business model is simply shifting towards "stream on demand."
Purchasing music on a physical media (i.e. compact disc) is quickly becoming an oddity.
That’s hilarious. The market cost of all music worldwide is now zero. Streaming companies paid Lady GaGa roughly $15 for a billion some odd downloads. The industry is toast. Therefore up and coming artists do not exist. The public will get nothing but records from one of Rod Stewart’s 300 illegitimate children for the next decade.
As a former musician, I can’t wait till it happens to Spielberg and all of Hollywood. Complete utter destruction.
BS. Dollar sales tell the story. Dollar sales have dropped in half since 2003 and CDs are still the single largest portion of music sales revenue.
Streaming Isn’t Saving the Music Industry After All, Data Shows…
The thievery of copyrighted music is massive.