Streaming Has Taken Over the Music Industry

Americans streamed a record 403 billion songs in the first half dozen months of 2022, marking the latest milestone in the unstoppable march of music streaming services.

According to Nielsen'due south U.s.a. Mid-Year Music Report, audio and video music streaming now accounts for 75 percent of music consumption in the The states, compared with concrete and digital music sales. That figure is up from 50 percentage in the offset half of 2022.

Drake and Post Malone had the highest volume of on-need audio streams of any artists in the US: iii.3 billion and iii.i billion, respectively. The most on-demand streamed song of the year and then far is Drake's "God's Plan."

While on-demand streaming rises steadily, the rest of the music industry continues to decline. Physical album sales, digital album sales, and digital track sales have all decreased yr-over-year for the past several years as users turn toward streaming services as their primary music platform.

Well-nigh Rob Marvin

Rob Marvin is PCMag's Associate Features Editor. He writes features, news, and trend stories on all mode of emerging technologies. Beats include: startups, business organization and venture capital letter, blockchain and cryptocurrencies, AI, augmented and virtual reality, IoT and automation, legal cannabis tech, social media, streaming, security, mobile commerce, M&A, and entertainment. Rob was previously Assistant Editor and Associate Editor in PCMag's Business department. Prior to that, he served equally an editor at SD Times. He graduated from Syracuse University's South.I. Newhouse School of Public Communications. You can also find his business and tech coverage on Entrepreneur and Fob Business. Rob is also an unabashed nerd who does occasional entertainment writing for …

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