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March 25, 2015

US Digital and Music Streaming revenue surpasses physical CD sales for the first time : reaches $2.9billion,

digital downloads make higher revenue as compared to CD sales

 US Music Industry Revenues exceed Physical CD sales by 28%

US music industry revenues has crossed "physical music sales . Streaming and Digital subscription  revenues grew by almost 29%  reach roughly $1.87 billion, surpassing sales of CDs ($1.85 billion) according to a report from the RIAA. 

Digital permanent downloads reached $2.9billion as compared to $2.6billion in 2014 , a growth of  10%. physical CD sales grew by only 7% to reach 2.2 billion  while 
digital subscription  and streaming revenues grew 29%  to reach $1.8billion , a growth of 39%