Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday March 19, 2015

Streaming Music Beats CD Sales In US For The First Time

Digital downloads and streaming music are seriously kicking CD sales where it hurts.

According to data on music sales from the Recording Industry Association of America, sales in the US from streaming music were $1.87 billion in 2014, the RIAA said, while CD sales were $1.85 billion. Streaming revenue -- which includes subscription services like Spotify and Apple's Beats Music, radio like Pandora and Sirius XM, and ad-supported operations like Vevo, YouTube and free versions of Spotify -- jumped 29 percent last year, while CD revenue dropped 12.7 percent.