
Streaming Overtakes Downloads, Warner Music Reports
According to Warner Music Group, last quarter marked a milestone in the music industry. It was the first time any music company reported that its revenues in streaming audio overtook downloads. This follows a trend that streaming audio’s become more important to music companies than downloads. (Streaming revenues grew 33 percent according to the company.) The company is also pushing YouTube and Spotify to cut … Continue reading Streaming Overtakes Downloads, Warner Music Reports