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Digital Song Sales Hit Seven-Year Low, and the Week in Review [Soundcheck]

Posted by Glen Sears | September 8, 2015 11:49 am | No Comments

digital music streaming sales nielsen billboard

Story of the Week

Digital Song Sales Hit Seven-Year Low, Streaming Continues to Rise
15.66 million. The lowest weekly number in nearly eight years for digital songs sold in the U.S. According to Nielsen, the week ending Aug. 27 had the smallest weekly sum for song downloads since the week ending Dec. 9, 2007, when 15.64 million were sold.

Not surprisingly, as sales plummet streaming continues its ascent, with the same frame marking the highest week of total U.S. on-demand audio and video streams: 6.6 billion. The streaming surge follows as consumers adapt to free and low-cost streaming services (like Spotify, YouTube and Apple Music) and shift away from the pay-to-own model.

Read More: http://bit.ly/1PZrX2W

Other Important Headlines

Google Brings Its Music Streaming Service to Japan’s Unique Digital Music Market – Google followed Apple and brought Play Music All Access to Japan on Friday, giving the world’s second-largest music market subscription services from two huge technology companies. Read More

Comscore Data Shows 44 Million In U.S. Have Used Apple Music – That number is much higher than the 10 million global user figure “leaked” by supposed industry insiders last month. Read More

Why Profit Isn’t An Issue For Apple Music – “Apple has always primarily been a hardware company, and has a history of operating many of its services, like iTunes, at a loss.” Read More

StubHub Claims Many Users Don’t Want To See Out-of-Pocket Prices – “We have many different types of users at StubHub. A significant number of users prefer to comparison shop while other users prefer to just see the out of pocket price when making purchasing decisions.” Read More

ReverbNation Has Been Hacked – Change Your Password Now! – Law enforcement agents say that in January of 2014, an individual, who has since been charged, illegally accessed a vendor’s computer systems and gained access. Read More

Pandora To Celebrate 10 Years With Ad Free Listening Tomorrow, September 9th – They’re calling it Listener Love Day – a full day of music with no ads from 12:00am ET, Wednesday, September 9 thru 12:00am ET, Thursday, September 10. Read More

The ‘Friend’ Who Killed a Grooveshark Executive Faces Life In Prison – According to details released by Florida’s Sixth Circuit State Attorney’s Office this morning, Torres faces formal sentencing October. That could include life in prison. Read More

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