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Katy Perry
Music streaming up, sales down in first half of 2014 -- SoundScan
Music streaming up, sales down in first half of 2014 -- SoundScan

One brutal truth emerges from Nielsen SoundScan’s report on trends in the music industry for the first half of 2014: Today’s consumers are far more interested in seeing and hearing pop music than buying it. Album sales dropped nearly 15% compared with the same period last year, and overall music consumption, which combines sales and streaming activity, dropped 3.3%, according to figures released by the sales and streaming monitoring service. But taken individually, on-demand streaming of music and videos showed a combined increase of 42% during the first half of this year, with video streaming up 35% and audio streaming jumping just over 50% compared with 2013. ...

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