"Nielsen released its latest annual midyear music report, and thus far in 2017, on-demand audio streams topped 184 billion, up 62.4% over the same time period last year. When video streams are added to the equation, the total soars to 284 billion streams, an increase of 36.4% versus the first half of 2016. The gains in streaming have been more than enough to offset the continued decline of physical and digital sales: overall audio consumption has grown 8.9% despite a 17% dip in the former and a 19.9% drop in the latter."
Article source here:Arts Journal
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