
Streaming Now Makes Up 69% of Music Industry Revenue, Hits $20B Milestone
The music industry is booming as it hits an all-time high when streaming surpasses $20 billion for the first time, constituting nearly 70% of all recorded music revenues. While subscription streaming gained momentum, physical music sales took a hit, thus, transforming global consumption levels in music. Streaming Is Growing Streaming remains an important factor behind the music…