Music Sales (Possession) Are Down. Music Streaming (Access) Is Up

This comes from RAIN:

If there was any doubt before this year that music sales were headed downward, it is now certain. At the same time, streaming and mobile listening are up.These disruptive trends signal major changes to how people layer music into their lives:

  • The radio/CD duopoly has been dismantled.
  • Home stereos and mobile boomboxes seem antique.
  • The workplace has become a third listening outpost added to the home and the car.
  • Music has been untethered from locations, and is now attached to the person (via smartphones, wearables, and headphones).
  • Music as a collectible is moving from stores to the cloud — an apt metaphor for music which seems as accessible as air.

Continue reading.  It’s good.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 30+ 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.

One thought on “Music Sales (Possession) Are Down. Music Streaming (Access) Is Up

  • April 29, 2014 at 6:59 pm
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    This is all fine and dandy, but from someone who grew up in the analog age and actually likes to buy and possess CD’s and pay for an artists work … I don’t understand how one is supposed to make any money from this new paradigm…

    Reply

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