The popularity of streaming music services, including Apple Music, led to a reduction in album sales performers. With the corresponding statement was made by Music Industry Blog, who shared recent data on the recording industry.
It is reported that almost half of the income of the music industry in 2017 is made up of streaming services — Apple Music, Spotify, Pandora and others. The growth in their share amounted to 39 % compared with a year earlier, which demonstrates the increased user interest in the way of listening to music.
If you take the music market as a whole, last year he showed growth, reaching $ 17 billion.
In early April, the streaming service Apple Music officially crossed the mark of 40 million subscribers. The rate of development of Apple Music, makes it one of the fastest growing services in the world.