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Streaming Services Cut Into Content Sales

From music to music videos, streaming services continued to cut content sales in 2014. Last year, on-demand streams of audio and video music-related content grew 54%, while total streams were up from 106 billion in 2013 to 164 billion in 2014, per AppleInsider, citing new data from Nielsen SoundScan. However, “sales of digital albums fell 9% in 2014 to 117.6 million, while songs dropped 12% to 1.26 billion.”
 

Read the whole story at Apple Insider »

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