Vinyl Vs. Streaming: Digital Music Outsold Physical Media In 2015
Fortune is reporting that, for the first time ever, digital music has outsold physical music. According to the annual Global Music Report by the International Federation of the Phonographic Industry (IFPI), global music sales increased by 3.2% in 2015 from the previous year. This boost is reportedly the result of a hefty increase in streaming profits, which were largely generated through services like Spotify or Apple Music. Profits from streaming account for 45% of total music revenue, while physical music formats like CDs or vinyl account for 39% of sales. Get the full report here.
If you still favor records, check out a website to track vinyl BPMs here or check out some of the weirdest formats we found on Discogs here.