CD sales plummet in US as streaming rises

September 22, 2015 Comments Off on CD sales plummet in US as streaming rises

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Sales from streaming — including on-demand subscription services such as Spotify’s paid tier and Internet radio networks — totaled $1.03 billion, up 23 percent from a year earlier, although about the same as the performance in 2014’s second half.

Streaming accounted for one-third of the industry’s total revenue, up from 26 percent in the first six months of 2014, the association said.

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