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Music streaming up, sales down again during first half of 2016

Music streaming up, sales down again during first half of 2016

Negative signs outnumber the positives among the measurements of the music business during the first half of 2016, the big plus being that audio streaming activity surpassed video streaming, making it the dominant streaming choice for consumers.

Data released by Nielsen Music, which tracks music sales and streaming activity in the U.S., showed sales down significantly in all formats except for vinyl, which continues to surge as a small slice of the overall pie.

In particular, digital album sales dropped more than 18%, and digital tracks were off nearly 24% compared with the first half of 2015, as consumers increasingly shift from owning music to renting it by way of...

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