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Music Streaming Sales Outstrip Digital Downloads For First Time (thestack.com)
An anonymous reader writes with this news, which might worry you if you'd like your music (or videos, or books) to be safely stored on your local PC, phone, or offline storage: Music streaming has surpassed digital downloads in terms of revenue, according to a report released by the Recording Industry Association of America (RIAA). Its 'News and Notes on 2015' review shows that music streaming in the U.S. brought in 34.3% of the overall revenue for the year – generating $2.4 billion out of a total $7 billion. If the numbers are accurate, streaming beat music downloads by 0.3%. While this growth is an encouraging result for those in the industry backing streaming services like Spotify and the new Apple Music, many remain unconvinced of its value. RIAA chairman and CEO Cary Sherman noted an 'alarming' disparity between the growth in the number of ad-supported streams, and the growth in revenues generated by these.
They have a warmer sound!
I just call up Aerosmith and have them come over and play for me in the living room.
I wont listen to Metallica anymore after what Lars did to the carpet last time....
Do not look at laser with remaining good eye.
Wrong on so many things: artists who don't perform live, artists who can't perform live (dead, wrong location), back catalogue, artists who aren't 'signed', artists who choose not to be on streaming services. The list goes on.
Drop recordings? You understand that a lot of live music actually uses elements of recordings? Of course you do...
Only support Industrial music? You mean like Skinny Puppy, NIN, Ministry? That I'd agree with.