GHinCH
9. Streaming is rapidly becoming the dominant form of music consumption, though it is now widely viewed as a cashless loss-leader for artists and songwriters.
Very true.
I started selling music on CDBaby back in 2003, released four CD's through them over the years.
Initially I sold quite a few physical CDs, but that changed rapidly, by 2005 I was selling mostly MP3 downloads, not many people buying physical CD's.
But now with most people having internet on their phones and other devices it is all streams, hardly anyone is buying downloads anymore.
When I check my account info I am making between $0.00087734 and $0.00940758 per stream, spotify, amazon, itunes etc.
At .0008 per stream I need 1,250 streams just to make $1.00!