Music Industry

Canada passed a big musical milestone last week. Maybe you had something to do with it.

Canada passed an interesting musical milestone last week and if you’re up-to-date on your tech, you may have had something to do with it.

For the first time ever, Canadians streamed more than one billion songs in a week. That means if you were on Spotify, Apple Music, Google Music or whatever, you were part of this record.

Streaming is up over 58% year-over-year–and that is having an effect on everything else.

Total albums sold year-to-date? Down 28%. Totaly physical albums? Down 28%.  Total physical albums? Down 33%. CD sales, down a whopping 375. Digital albums and tracks? Both down 19

There are only two bright spots are streaming (see above) and vinyl, which is ahead by 34%.

Five years from now, we’re going to look back on this week and say “A billion streams? That’s all? And the industry still tracks the sales of CDs?”

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Alan Cross has 37884 posts and counting. See all posts by Alan Cross

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