As per the latest reports, music streaming is now one of the most trending activity in the music industry. Streaming alone generates more revenue than the physical, digital and recording all combined. In the previous year 2018, streaming alone generated revenue of more than $3 billion, that amounts to 70% of the total revenue of the industry.

The physical CDs and DVDs only accounted for about 10% in the industry, and digital downloads doing slightly better with 12%. As most millennials are open to cheaper means and have a diverse choice of music, streaming made its spot on the top. Music streaming subscribers has been increasing in recent years. The growth rose from $2.7 billion, in 2017, to $3.4 last year. The industry is expecting to see more growth in the next few years.

Spotify became one of the popular streaming services across the globe with more than 90 million subscribers. As the app became very popular among the younger generation, big stars are cashing in. While the app offers a wide range of choices from classics to the contemporary with monthly subscription charges, it seems cheaper and better for value with unlimited music.

However, Vinyl became a trend in recent years; the physical vinyl sales have seen a huge increase. While the digital downloads and physical CDs are going down, the old traditional vinyl record may survive in the market. More artists have been making appearances on YouTube and social media, recording companies, are finding difficulties sustaining in the competition. Although success is huge for streaming, excessive album releases with more than 70,000 last year, it has become a big challenge for musicians to gain recognition. For more information please visit https://snurl.com/free-spotify-premium-accounts/



Snurl.com is the best site to obtain free premium accounts in Spotify. If you are looking for a premium account with unlimited music, you can search for ways to obtain a free premium account at snurl.com.



Contact Media

Snurl

[email protected]

Illinois - Chicago

https://snurl.com/free-spotify-premium-accounts/