In Shift to Streaming, Music Business Has Lost Billions – The New York Times

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In Shift to Streaming, Music Business Has Lost Billions

Streaming and vinyl sales surge, but the big moneymaker, CDs, has been gradually abandoned.

Link: http://www.nytimes.com/2016/03/25/business/media/music-sales-remain-steady-but-lucrative-cd-sales-decline.html?partner=rss&emc=rss&_r=0

But a closer look shows that the big sales numbers that have sustained the recorded music business for years are way down, and it is hard to see how they could ever return to where they were even a decade ago.

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