Streaming is now the dominant platform for music consumption, and it's growing rapidly--up 76% year-over-year, according to Nielsen. YouTube has birthed a whole new breed of celebrity: the YouTube star. And Netflix plans to spend hundreds of millions annually on original content. "It's not just about music--it's about every form of entertainment," Nielsen's David Bakula says. "You don't really have to own anything anymore, because for $10 a month you can do this: You can have everything."
Article source here:Arts Journal
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