Music Industry

How Millennials Consume Music in 2015 (Hint: They Won’t Buy a Lot)

One of the many reasons music sales are dropping is because we have so many other things to occupy our time. These results of a study commissioned by Deloitte (reported by RAIN) predict how Millennials will consume music this year in among all the other media choices they enjoy.

deloitte-millennial-media-consumption-chart-01

 

Note that in the US that the prediction is that the average Millennial will spend $125 on music. Of that, at least $100 will go to concert tickets, leaving just $25 A YEAR to devote to music purchases or streaming.

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 38151 posts and counting. See all posts by Alan Cross

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