Global music streaming leapfrog CD sales for first time

The once dominant CD market appears to be entering its final swansong following the publication of new figures showing that the once dominant gateway to music access has now been leapfrogged by surging music streaming revenues.
Surging popularity of services such as Spotify, Apple and Amazon Music saw total music streaming services rose by 41% to hit $6.6bn, equivalent to a 38% slice of the global recorded music market, by contrast the sale of physical formats, such as CD’s and vinyl, slip