by Hrefna Helgadóttir 18 Jan 2017
Streaming is about to reach the levels of downloads, that has up to this point been the main source of revenue for digital music. An estimated 68 million people pay for a music subscription globally at this point.
The interactive graph made by RIAA (below) shows that the revenues of the recording industry have maintained consistent since 2010 – what's changed are formats.
"U.S. streaming revenue grew 57 percent to $1.6 billion in the first half of 2016 and accounted for almost half of industry sales."
– Lucas Shaw in Bloomberg Technology, Sept 2016