U.S. Online Digital Music to Displace CD Sales in 2012

The CD’s reign as the music industry’s biggest U.S. revenue source will end this year, eclipsed by downloads and newer streaming services such as Spotify and Pandora, according to a researcher.

U.S. digital music sales will rise to $3.4 billion this year, exceeding the $3.38 billion in revenue from CDs and vinyl, Boston-based Strategy Analytics said.

Globally, digital music will surpass physical purchases in 2015, according to Strategy Analytics.

via Bloomberg

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About David H. Deans

Principal Consultant and Founder of GeoActiveGroup.com
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