Online music streaming looks like a phenomenon that isn’t going anyway. With Kendrick Lamar earning close to a $1M payout in the first day of his To Pimp A Butterfly streams, studies show that streaming as a whole out-performed physical CDs for the first in 2014. Business Insider reports that music streaming is now officially bigger than CD sales. While digital downloads still reign supreme in the power rankings, BI shared some informative charts and graphs explaining the music industry’s sales pie. Check them out here to find out more information, and stay tuned to our coverage on how streaming is changing the game forever.
For the first time ever, online music streaming was more profitable than physical CD sales in 2014. Are any of you surprised?