Nielsen recently released their 2016 U.S. Music Mid-Year Report. Audio streaming is now the leading format (over video) with 54% of all streaming. Including music videos, Americans streamed 209 billion songs from January through June. Other market segments, such as CDs and digital albums, declined by 12% and 18% respectively. Digital track sales fell a whopping 24%, with vinyl sales seeing a significant increase in popularity. Audio streaming is made possible through broadband alone, and many, if not most, Americans depend on it for entertainment and basic necessity.
It’s that time of year when many people have the “urge to purge” and jump into spring cleaning