A site called Moneytips has published a new infographic based on how people spend their money on music. Here are some highlights.
- In 2014, the average American spent $48 a year on live music.
- In 2014, the average American spent $18 buying recorded music. No, that’s not a typo.
- As a group, Millennials spent an average of $163 per year on music. Of that, just $15 went to physical music product.
Click on the image to see the whole thing.