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Here’s why Apple bought Beats: By 2019, streaming will account for 70 percent of digital music revenue


Here’s another reminder why companies like Apple and Amazon are betting on streaming services: Streaming is quickly taking over as the major money-maker for the music industry, with 70 percent of all digital music revenue coming from streaming by 2019, according to an estimate from U.K.-based digital music analyst Mark Mulligan.

Full Story: GigaOm

emergentfutures:

Here’s why Apple bought Beats: By 2019, streaming will account for 70 percent of digital music revenue

Here’s another reminder why companies like Apple and Amazon are betting on streaming services: Streaming is quickly taking over as the major money-maker for the music industry, with 70 percent of all digital music revenue coming from streaming by 2019, according to an estimate from U.K.-based digital music analyst Mark Mulligan.

Full Story: GigaOm